Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
not much multifamily properties
I'm only interested in 2-4 unit properties.
I've been researching markets. I found some good markets (growing. population, economic anchor, good school district, etc). The problem is there isn't much multifamily properties in these areas (probably because they are kind of outside the city). For 1 of the markets there hasn't been much activity for multifamily properties in the area. There hasn't been a purchase (let alone cash purchase) of a multifamily property in a year. Should I eliminate this markets from my list?
Is this normal? How much purchasing activity is normal in a market where people invest in multifamily properties in?