Multifamily Markets, 5 to 20 Units

[Justi Kobilis]

Hi Everyone!

I am looking to get into the real estate investment game, but a lot of the single-family homes do not produce great cash on cash returns, at least in areas I would buy in.  As I consider myself knowledgable enough to be dangerous, I'd actually like to buy a smaller multifamily of 5-20 units in a solid yet affordable (not coastal) market.  I have been looking for SFRs in Kansas City, Indianapolis, Birmingham and Memphis - Do you guys think these are also solid markets for 5-20 unit multifamily properties?  If so, can anyone recommend a good real estate agent/broker to work with in this property type?  Thank you very much for any input!

[Josh C.]

Indianapolis has a good market for these. I own one and hoping to buy another. A broker in our office has a pocket listing for one I believe.

Cory Robinson could help.