Multi-family fix-up or new

Multi-family fix-up or new

Member since 2020 · 1 post · 0 votes

I would like to buy my first multi-family property. Some of them are new and wouldn’t require fixing up? What are the advantages of having a multi-family property that doesn’t need fixing up?

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  • Rental Property Investor · Modesto/Stockton/Merced, CA · Member since 2020 · 456 posts · 214 votes
    6y

    If you buy right, you can hit the ground running and just start collecting $, but they tend to be expensive when buying turnkey per se. 

  • Investor · Los Angeles, CA · Member since 2020 · 154 posts · 32 votes
    6y

    @Julio Garcia where are you buying these multifamily ppties and at what price range?

    Are you beating the 1-2% rule?

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