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Updated over 3 years ago,
How to find profitable multifamily properties
With the New Year approaching I'm looking to grow my real estate portfolio in 2015. I've decided I would like to pursue Multifamily Real Estate. I plan to use my profits from rehabbing homes (goal of 25-30 flips this year), to buy long term hold multifamily properties. My question for other investors, how have you found your multifamily properties? I have access to our local Listing service, it seems as though great deals are very few and far between. Anybody have any luck with writing letters, and if so what is your target audience? Are commercial brokers a reasonable asset to have in place?
When talking Multifamily, I'm looking at everything from a 4-plex to 40-50 unit apartments.
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