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Updated almost 8 years ago on . Most recent reply

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142
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21
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Pauline Jones
  • Residential Real Estate Broker
  • New York City, NY
21
Votes |
142
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small multi families

Pauline Jones
  • Residential Real Estate Broker
  • New York City, NY
Posted

My partner has investors with 100K approx who

are looking for small multi families, we  would

be the equity partners, I've heard that Houston

is a growing market any other suggestions

would be appreciated.

Most Popular Reply

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13
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4
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Andrew Carducci
  • Buffalo, NY
4
Votes |
13
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Andrew Carducci
  • Buffalo, NY
Replied

Hi Pauline,

Also consider something a little closer to home.  Allentown, PA and Easton, PA are less than 100 miles from Manhattan.  These areas are similar to the Midwest in that they have modest home prices and high cash flows.  It might be easier to manage a first property that's a quick trip in the car rather than a plane ride, even if you plan to use a property manager.

Best of luck! 

Andrew 

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