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Updated over 7 years ago on . Most recent reply
Bozeman Livingston, Montana Too High Priced?
I was thinking about purchasing a 4 flex in Livingston MT. I am from California (Bay Area). It would be my first time purchasing such a large complex. I already own 2 SFR in Bay Area. Can anyone guide me here? Any books you would recommend, videos, information on purchasing multi family residences. I am excited and scared at the same time! Thoughts, suggestions, comments? Thank you all! Gayle
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#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
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#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
I would suggest investing in a larger city, unless you have family/friends there or are able to establish an excellent team. Even in cities over 200k in size management/repairs can be challenging.
Books: "Multi-family Millions" and "Emerging Real Estate Markets" by David Lindahl and
"ABC's of Real Estate Investing" and "Advanced ABCs of Real Estate Investing" Ken McElroy
Also, subscribe to podcasts, including BP and listen to those.