How can I buy multifamily rentals or commercial real estate for investment?
Buying multifamily and commercial income producing properties can be rewarding investments. At the beginning, you should avoid owning property outside of your immediate area. That way you can know every property in the neighborhood that fits your investment profile and jump on opportunities as soon as they become available. By being in close proximity, you can also maximize your maintenance and management control to increase asset values. Successful real estate acquisition professionals inventory every property in the marketplace that meets their profile. To help, you can subscribe to lists compiled from the county courthouse records. Alternatively, drive the neighborhoods and search the records yourself. Some of the best acquisition candidates are not advertised and may not be listed with real estate agents. By contacting owners, you might persuade them to consider an offer. Three things have to happen for you to negotiate successfully. Establish credibility. Get the word out that you
