Moving on UP to Multi Family

[Ryan Boltman]

Peeps, hope all is well and you are all snapping necks and cashing checks. I have closed and found a tenant on my new Calera, AL property, so far so good.... I am looking next to buy a duplex, triplex for fourplex. Birmingham seems to not really have any real options for multifamily in terms of inventory from what i can see.... i have my broker looking but i am not convinced there is much out there. My questions are:

1. What are your thoughts on Birmingham AL for Multifamily and if good what are your suggestions on finding some good deals?

2. If like me and you think i need to shift my gaze elsewhere, what are the top 5-10 cities you would focus on for Duplex, Triplex, fourplex?

As always appreciate the time, guidance and collaboration.

Cheers

[Lane Kawaoka]

I started with turnkey remote rentals in 2009-2015 while working my engineering W2 job. Then went into syndications once my net worth went over 500k.

1. What are your thoughts on Birmingham AL for Multifamily and if good what are your suggestions on finding some good deals?

Used to by SFH there but BHAM population is flat. There is no density there so MFH is not really plentify.

2. If like me and you think i need to shift my gaze elsewhere, what are the top 5-10 cities you would focus on for Duplex, Triplex, fourplex?

Birmingham, Atlanta, Indianapolis, St Louis, Kansas City, Memphis, Little Rock, Indianapolis, Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.