Drive around your neighborhood. If you are looking to buy an apartment building, you probably want a property close to where you live. That way you can be nearby to collect the rent and to take care of any repair work that is needed. Most buildings that are for sale will have a very prominent sign in the front yard. Some will even have a Realtor's box that has fliers with information about the building.

Ask around. Before you go through any agencies, where there may be additional fees, check with people you know. Ask family, friends and coworkers. Someone may know of a place up for sale. They may even have a rental property they want to sell themselves.

Watch the newspaper. You may find listings for apartment buildings for sale in the classified ads. Auctions for buildings that have been in foreclosure will also be listed in the newspaper. This is one of the easiest ways to get a deal on a property.

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Owning apartment buildings can be a great investment. Smaller units require a more hands-on owner or manager, while larger units can be.

. which has listings for houses and apartments for rent. Find a variety of homes. on the Internet for sale.

Determine the net operating income (NOI) for properties that interest you. Your NOI is the income you have left over after all.

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While the owner of any property can offer to finance a sale. Place a bid on abandoned foreclosure properties with an.

Minnesota Apartment Lease Laws. Landlords who rent apartments in Minnesota must comply with the state s strict lease laws. Minnesota requires landlords to.

How to Sell an Apartment by Owner. unit that you can own separately from all the other units in an apartment.