Updated almost 6 years ago on . Most recent reply
FInding Off Market MF
Hi everyone. I am curious to how people find off market smaller multi family properties. I am talking 5-20 units. I am familiar with finding residential deals to flip and 2-4 units using things like list source, tax liens, probate, etc. Is there a service people use for commercial real estate or how are you finding them? I have already reached out to my local commercial brokers and mortgage brokers that deal with MF but I wasn't sure if it was similar to residential deals where you can buy lists of them or how you can track these people down. It seems very different than residential. Thank you
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#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
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#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
Continue to build solid relationships with brokers, property managers, lenders, appraisers, the mail man and other investors in the market. Then build relationships with building owners in the market.
Cold calling is ok, but use it as an opportunity to get to know the owner, not just to buy