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Antonio Valeriano
  • Real Estate Agent
  • Monroe Twp, NJ
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Multifamily REI journey begins!!!

Antonio Valeriano
  • Real Estate Agent
  • Monroe Twp, NJ
Posted

Hey Guys just wanna share the starting of my multifamily REI journey with All. A bootcamp is totally getting me out of my comfort zone. Today I started locating and analyzing my target market. My research brought to Arlington Virginia. Who knew there are such nice brokers out there!!!!

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Arlington, VA seems like an odd market for a novice to be interested in for multifamily properties. Only 4 two to four unit properties sell on average per year. For commercial grade multis you're looking at 3-4% cap rates and $5-50 million prices.

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