IS Broker - MF 40+ Units
Anyone a broker at a boutique firm in the Midwest/East coast? Looking for 40+ unit MF properties from mom and pop sellers.
Anyone a broker at a boutique firm in the Midwest/East coast? Looking for 40+ unit MF properties from mom and pop sellers.
Career Resources
Based on the WSO Dataset, it seems you are looking for insights or connections related to brokering multifamily properties, specifically 40+ unit properties from smaller, independent sellers in the Midwest or East Coast. While the context provided doesn't specify individual brokers or listings, it does highlight the general sentiment and strategies around multifamily acquisitions and brokerage.
For instance, in discussions about multifamily properties, it's noted that brokers often play a crucial role in these transactions, despite some opinions suggesting that broker-less deals can sometimes result in lower prices for sellers. This underscores the importance of having a competent broker who can navigate the market effectively and leverage their network to find the right buyers.
If you're targeting properties from "mom and pop" sellers, it's crucial to understand that these sellers might not always be listed on the major platforms. Networking, local market knowledge, and direct outreach might be more effective in these cases. Engaging with a broker who has a deep understanding of the local market dynamics and a strong network could be beneficial.
Remember, every transaction is unique, and the approach should be tailored to the specific characteristics of the property and the goals of the stakeholders involved.
Sources: Value add - multifamily ... RENTS, TAXES, WTF??, Splits with Buyer Brokers, First Real Estate Investments: Benefits of Forming an LLC or Direct Ownership, Who is buying this stuff? Brokers and PE analyst/associates, Lunch & Learn -Ins and Outs of Multifamily
They wouldn't be able to afford a phone or computer to access this website
Let me guess you also want to send them 40 questions and then bid a 7.50% cap
Tell me your sitting on a bunch of listed 1960’s 4% caps without telling me… :)
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