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Updated about 1 year ago on . Most recent reply
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Where to find partners for large apartment rentals
Hi all,
I'm looking to get started in apartment rentals, preferably anything larger than 4 units. Where does one find other folks to partner with on this? I tried searching the web and only seem to get sponsored ads for firms. Would that be a good place to start or should I find other personal investors? I don't have a lot of capital at the moment, but I'd love to help find some deals and put down as much as possible to get my foot in the door.
Thank you for any assistance!
Trevor
Most Popular Reply
Hello Trevor! Having a 4 unit Apartment is definitely a great investment. I prefer to start in the midwest, because the entry point is much lower and cash flows the best. As long as you develop your Core 4 like David Green’s mentioned in his long-distance investing strategy (realtor, contractor, property manager, and lender), you should be able to invest anywhere with confidence.
I focus my investments in Columbus, Ohio, a city that has seen substantial growth in recent years. This growth can be attributed in part to major tech companies such as Intel, Meta, Amazon, and Google establishing warehouses and data centers in the area. This has driven up property prices and attracted more people to the city in search of job opportunities. Additionally, I have interests in the Cleveland and Cincinnati markets. Please feel free to reach out if you have any questions or if there's any way I can assist you!
- Min Zhang
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