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Simon Powe
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Trying to scale to multifamilies , need advice

Simon Powe
Posted

Hello all. I am a small out of state investor with a few single family rentals in Cleveland suburbs. I started researching and then bought in 2021-2022 then paused to stabilize and get a better lay of the land. By the time I was ready to jump back in and buy again rates had shot up as had prices. It slowed my roll.

 I would like to start again but  accelerate and to get more doors I figure a small apartment building may be the way to go. I am thinking a 10-15 unit building. I dont see many on Zillow which was where i found my other properties. 

So I would love to know where and how I can source such properties.

Would also like to connect with some good investor friendly cleveland realtors with ears to the ground.

And I'd love to hear about everyone else's experiences with moving from single to multifamily investing. 

Thanks in advance, I've learnt a lot from your posts as well as the Bigger Pockets podcast and look forward to learning more.

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1,297
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Min Zhang
  • Real Estate Agent
1,261
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Min Zhang
  • Real Estate Agent
Replied

Hey Simon! I’d suggest reaching out to some local agents in the area. They may have some off-market opportunities that could work well for you. Also, connecting with fellow Cleveland investors could get you some great deals, especially if anyone has 10-15 unit properties they’re looking to offload. I’m really excited to see you back at it, best of luck!

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Reafco.
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