Any luck Using loopnet?

[Seann Brown]

Has anyone had luck finding listings on loopnet? Are there similar sites with multi family listings?

[Matt Popilek]

I list 25-50% of my properties on LoopNet and Crexi.  I would say a bulk of those properties are priced higher than some investors are willing to pay. That doesn't mean that you can't find a deal on the site if you take the time to review the deals, and put in offers. I recently went under contract on a deal on LoopNet that cash flowed at a current 8% Cap Rate with a very easy value add that would increase the value of the property over $1.5M just by raising rents with out doing any rehab.  If you pay attention those type of deals could be found.