Skip to content
Multi-Family and Apartment Investing

User Stats

12
Posts
0
Votes
Bob Bates
  • Electrical Contractor
  • OR
0
Votes |
12
Posts

Getting started in multifamily investing

Bob Bates
  • Electrical Contractor
  • OR
Posted Jul 30 2022, 14:08

I'm located in Salem, Oregon and am finding it difficult to locate multifamily properties particularly ones that cashflow. The MLS has only a few overpriced properties that roost for months. I've considered direct mail but my family property has been inundated with letters and cold calls which leaves me at a loss as to how to appear different than everone else.

Another question, should I be looking in other parts of the country with better value to rent ratios?  In this area the average multifamily is running $135k-$175k per door for rents of $1200/mo for a two bedroom.

Loading replies...