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Updated about 7 years ago on . Most recent reply

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3
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Jeff Grover
  • Real Estate Professional
  • Ravenna, MI
1
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3
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Need input from those with experience, please.

Jeff Grover
  • Real Estate Professional
  • Ravenna, MI
Posted

Is it worth buying multifamily properties at $25,000-$50,000 that are bringing in $1,000-$1,400 per month? I ask wondering if it is a good way to make extra money to eventually put towards bigger, more expensive deals? All help, information and criticism welcome.

Most Popular Reply

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Ann Bellamy
  • Lender
  • Tyngsboro, MA
2,367
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Ann Bellamy
  • Lender
  • Tyngsboro, MA
Replied

If there is not a lot of deferred maintenance, there will be another issue, such as crime, or lack of tenants.  Dig deeper.

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