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Updated about 3 years ago on . Most recent reply
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Is Omaha still a good place to Invest in Multifamily Properties?
I own 3 Multifamily properties in Omaha but is has become very difficult to find good deals. I have a goal of 2 buildings for this year (obviously good deals) but I am not sure this will happen. I want to stay in Omaha and invest but I am seriously thinking about other cities such as Tampa and Louisville. Does anyone have a good advise to look for off market deals in Omaha? or has anyone been in the same position I am in now and knows what kind of direction to take?
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You are not alone. I have been looking in Omaha, Des Moines, Lincoln and Sioux Falls but can't find anything that will cash flow anywhere near the asking price.