Anyone have experience buying a 4 plex in Edinburg or Mcallen recently?

Question

Im considering buying a 4plex in McAllen or Edinburg at the 400k - 530K range. Will this cash flow, how is your experience in this area and how are the tenants?

Noah Yashinsky · Answer

@justinrossramirez I have a variety of questions for you,

- Do you mind me asking how much its cash flowing?

- Do you think the 470k - 530k price point makes sense for cash flow now? It seems like even the newer units are renting 2 bed for 1100 - max 1200

- Do you manage properties locally or from a far?

- How has your tenant expeirence? Is it easy to rent and they pay on time?

Justin Ross Ramirez · Answer

@Noah Yashinsky hi Noah yeah just purchased a four Plex in pharr last month. For 379k and it cash flows. I have a few four Plexes in Edinburg also.

Anyone have experience buying a 4 plex in Edinburg or Mcallen recently?

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