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Updated about 7 years ago on . Most recent reply

User Stats

24
Posts
6
Votes
Ayal Magid
  • Investor
  • Philadelphia, PA
6
Votes |
24
Posts

looking for a good multifamily market

Ayal Magid
  • Investor
  • Philadelphia, PA
Posted

Hello guys,

Me and my partner are looking to get into the multifamilies market.

We already have a 16 units property.

Looking to buy a bigger one in a nice area.

We are not sure yet where exactly in Florida would be the best area to purchase. 

Can anyone advise? and explain why?

Thank you in advanced. 

Most Popular Reply

User Stats

1,107
Posts
379
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Adrian Smude
  • Rental Property Investor
  • Plant City, FL
379
Votes |
1,107
Posts
Adrian Smude
  • Rental Property Investor
  • Plant City, FL
Replied
Originally posted by @Michael Chambers:

I believe the Lakeland area of Florida is a promising market for multi family. Lakeland has a great proximity to Orlando and Tampa without all of the congestion.

I agree. But like every investment make sure you know the area you are buying in. Most small multi family properties are in areas that require more time and energy which some people don’t realize. 

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