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Updated almost 10 years ago on . Most recent reply
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leaving SFR new in multi fam property
Hello all was wondering if anyone is in the Richmond Va or general Va area who invest in multi fam property or apartment who would be willing to give me guidance on the building blocks of starting on either in the right way..i was told to post in here instead of the pro forum lol..any help or ideas would be appreciated
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Originally posted by @Brian Jones:
Hello all was wondering if anyone is in the Richmond Va or general Va area who invest in multi fam property or apartment who would be willing to give me guidance on the building blocks of starting on either in the right way..i was told to post in here instead of the pro forum lol..any help or ideas would be appreciated
Get to the local REIA if you can and find the investors who target the multis. Rub elbows with them until you start a fire (haha).
Otherwise, you can always just do your internet research. Search by multi-family property types and just start getting your averages. Average price per unit, market rents range ($low - $high), just to start getting a feel for the multi-families in your market.