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Updated over 6 years ago on . Most recent reply

User Stats

129
Posts
50
Votes
Jim Hiler
  • Rental Property Investor
  • Delray Beach, FL
50
Votes |
129
Posts

Palm Beach County Multifamily

Jim Hiler
  • Rental Property Investor
  • Delray Beach, FL
Posted

South Florida / Palm Beach County  Multifamily Investors - What are you buying?, Where are you buying? What kind of returns are you getting? What are you seeing in the market? Or are you buying out of state or sitting on the sidelines until things cool off?

I have about $100,000 to invest and I've been searching for a small to mid sized value add multifamily investment (4 - 10 units) but it seems like the deals are very hard to come by. There's a few properties for sale in the Lake Worth Area that have OK returns but I'm hesitant to invest there...


Has anyone landed a deal locally lately?

  • Jim Hiler
  • Most Popular Reply

    User Stats

    5
    Posts
    4
    Votes
    Monique Webb
    • Delray Beach, FL
    4
    Votes |
    5
    Posts
    Monique Webb
    • Delray Beach, FL
    Replied

    Hello everyone. I am a newbie (pre-investor) looking to purchase my first multi family in the tri-county area. Can anyone explain to me what specific numbers you analyze or what returns you look for in order to determine if a multi-family deal is a good purchase in our hot market?

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