Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply
Multi Family in Palm Beach County Florida
Is there anyone in the Palm Beach county that can provide some insight into the small multi-family housing (2-4 unit) market, specifically in Boca Raton or Delray Beach. I have a friend there who sends me current listings from the MLS and some, if not all seem to be way over priced. There are duplexes there selling for 300k + and only getting $1800 - $2000/ month in rent. It's the same thing with Tri and quads. Are these landlord trying to unload their properties hoping to take advantage of a newb? Thanks for any help you can provide!
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,509
- Votes |
- 23,418
- Posts
Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Boca, in particular, is an appreciation play.....not a cash flow situation at all, never has been.