Buy as
many multi family properties I could find for the least money down, cash flow enough to live, but then go get another job in the meantime.
What multi family properties exist in these areas are usually built in the 1980's and bring with them the typical maintenance, repair and capital expenditure problems of older properties.
The second problem real estate investors face with small
multi family properties in Houston is that proforma numbers don't match real life numbers.
Hay guys im from rockland too and i am activly looking
for multi family property in the neighboring areas so if any af you have any advice on a good area please shere
To work in a team environment where I can utilize my diversified real estate experience that includes, property management, facility management, construction management, contract negotiations, daily operations,
multi family property mgnt / leasing accumulated over 30 years.
I'm still trying to figure out what my niche and area should be but I've been intrigued by the idea of starting with
wholesaling multi family properties and moving to BRRRR once I have enough funds built up to fund a couple acquisitions and rehabs.
If you can find the
right multi family property to invest in, you can expect high returns that can cover your mortgage and then some, regardless of whether or not you decide to live there!
Important Note: A project with 11 new construction 4plex and 4 new construction
6plex multi family properties in a growing Texas market is about to break ground in 2 - 3 weeks.
Kelly Housing Group acquires and
manages multi family properties in emerging markets that produce excellent cash flow during ownership and strong cash distributions at the time of sale.
So the first problem real estate investors face when looking for small
multi family properties in the Houston market is a lack of recently built properties zoned to great school districts.
I started investing in
multi family properties in Quincy ten years ago.
Jacksonville FL is a perfect area to invest in especially in
multi family properties.
My company buys, sells, and rents out single family and
multi family properties.
I'm a local Indy investor who got started in small
multi family properties and am now purchasing mid-size apartment buildings.
In the future I hope to get into
some multi family properties.
@Steven Barros If it were me I would look for $ 1m to $ 2m
multi family property that was underperforming but not needing major work.
We are looking to begin by flipping a few single family properties to build up cash to invest in
multi family properties.
I am wanting to purchase
a multi family property, and I am new to REI.
I know I need to hone in on my niche, but I haven't decided yet if my focus will be initially on flipping houses or
multi family properties.
How does a VA loan impact buying
a multi family property if there's any difference?
Furthermore, when you own a small
multi family property you are most likely competing against larger apartment complexes for the same pool of tenants.
If you're using the same assumptions for single and
multi family properties, your numbers are wrong.
In Houston, there is no supply of small
multi family properties that are recently built which would attract quality long term tenants and produce solid returns.
Which brings us to the third problem with owning small
multi family properties in Houston — they fail to attract the high quality tenants that our strategy calls for.
People looking for
a multi family property to rent or buy for renting units may find a nice opportunity in the area.
Finally, make sure that ou have a clear understanding of how much attention
a multi family property requires.