4-plex FIG (Fourplex Investment Group)
I have been doing research for 4-plexes. I have come across a company called FIG( Four-plex investment Group) based out of Utah. Seems to have history in Houston, Texas-Boise, Idaho- and Utah. Seems to streamline thing for newer investor in many ways.
Thank for the information.
@Todd Smith. FIG is legit. I am on my fifth purchase with them on their MULTIFAMILY offerings. If you want more info on my experience feel free to reach out.
Thanks I have already invested. Its early.
@Dan Rowley would love to hear your experience with FIG. We are looking at some of the Boise area properties and your insights would be invaluable.
I am going to be honest with you guys, they are really throwing these things up, heck my kids even live in 1 but I am afraid of where they will be in 2-4 years. They are over $300 cheaper than any other product in the market, 300 sq ft bigger and still struggling to rent. Time will tell but I have my doubts.
Mr Robnett,
Is this a FIG specific problem in Idaho or the result of overbuilding in general and/or the current economic environment?
Thanks Todd Smith
Recently represented a buyer in a FIG project in Meridian. Project completed in May this year, and is now fully rented (I am told 98.5%). Many rents contained a signing bonus, but now re-rents are at market. I was impressed with the onsite management.
Why the disconnect between 2 real estate professional in same Idaho market for FIG?