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Updated over 9 years ago on . Most recent reply

Chris Winterhalter's profile image
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Chris Winterhalter
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  • from Chicago, IL
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Chris Winterhalter's profile image
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Chris Winterhalter
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Chris Winterhalter
  • Investor
  • Chicago, IL
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Multi-Family and Apartment Investing

Who's building multi-families (20+ units)?

Chris Winterhalter
  • Investor
  • Chicago, IL
Posted

Who's currently developing multi-families from the ground up right now - 20+ units? I'm curious about your story, numbers, strategy etc. Your input is appreciated!

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Joel Owens
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  • Canton, GA
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

I am not but I am curious about your project.

Here where I am at there is too many properties you can buy for way less than replacement cost.

Until that is absorbed over the years it really doesn't make sense to build new unless you had a location for strong demand and little inventory.

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