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Updated over 6 years ago on . Most recent reply
Best places to purchase multifamily unit?
Hi Everyone! I would like to invest in a duplex or fourplex. I currently live is San Francisco in a rent control apt with my brother so I'm paying little in rent and have savings. I would like to invest out of state. What are some good markets to look at for multifamily units? All Tips and advise welcome.
Most Popular Reply
@Joseph J Deza It really comes down to what YOU are comfortable with and what YOU think is a good deal.
Are you looking for cash flow, equity upside or a combination of both?
Are you comfortable with an 8% Preferred return and a 20% IRR? or would you be willing to take on more risk for more potential reward?
I can provide you some past examples of what my firm was able to achieve on 300+ units in the C-Class space.
Feel free to reach out anytime. I am more than happy to help.