Looking for multifamily duplex/fourplex..

[Maddan Pun]

Hi All,

I am from Raleigh, NC area. I'm looking for multifamily unit (duplex/ fourplex) in Raleigh/ Charlotte area. However there are not much to be found. Do you suggest to stay local or go to other parts of the country. Especially I'm eyeing in Dallas, TX suburb or any midwest (Kansas City). Given that it would be hard to manage if it's cross country, any tips on where should i start?

[Mike D'Arrigo]

@Maddan Pun Dallas has a booming population and job market but it also has very high property taxes and homeowners insurance making cash flow and COC very low. If you're goal is cash flow, I recommend Kansas City. The cash flow is strong and it still has good economic and demographic trends. We've been involved in KC for several years with a lot of success.