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Updated about 16 years ago on . Most recent reply

User Stats

276
Posts
84
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Matthew T.
  • Investor
  • Springfield, MA
84
Votes |
276
Posts

Need advice for moving to bigger properties

Matthew T.
  • Investor
  • Springfield, MA
Posted

Hi, I am new to this forum and would love to network and pick all of your brains, but on to the topic at hand.

I have been investing in Springfield,MA. Currently my team has bought 80+ units mostly 3 unit buildings and 4 unit buildings but are looking to move into bigger deals.

We focus on helping mostly government aided tenants. There are also many foreclosures in this city which can be picked up for very cheap. After rehab we are generally in for $25k a unit with the average unit renting for $800.

Any advice on how to move into 100+ unit buildings/complexes?

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