ISO 10+ residential units

[Veronique Leroy]

Hi BP Community, 

As one of my 2025 resolutions, I would like to acquire 100 doors this year. We primarily focus on residential multi-family and so far we have stayed in the Western Mass area. Now I'm looking to expand to other states. Can you please share any information on properties or markets where you are that can help guide my search? I'm open to properties were cap rate is around 10%+ and Return on Cash is 10%-20%. 

Any suggestions?

[Marc Rice]

Quote from @Veronique Leroy:

Hi BP Community, 

As one of my 2025 resolutions, I would like to acquire 100 doors this year. We primarily focus on residential multi-family and so far we have stayed in the Western Mass area. Now I'm looking to expand to other states. Can you please share any information on properties or markets where you are that can help guide my search? I'm open to properties were cap rate is around 10%+ and Return on Cash is 10%-20%. 

Any suggestions?

 Congrats on the success! You should look at very cheap cost-per-a-door markets like Cleveland and Dayton where you can find stuff $40-60k/door.