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Updated over 5 years ago, 06/26/2019
Should I consider building a small multifamily?
Looking for small multifamily properties is difficult as demand is currently high. I am curious if it is a good time to increase supply through development of new construction. I notice that there are a lot of decent plots of land scattered throughout the city that were once part of farms and now are coming up for sale. Should I consider building a group of MFR (4 plexes) or continue searching for the right deal?
I am excited to hear your thoughts and thank you in advance for you contribution to the thread.
Justin Brown