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Updated over 4 years ago,
Are you finding renters?
Hi friends,
I was just getting started in early March, around March 10th, to invest in multifamily properties. Once the shelter in place orders started, I put everything on hold. I would like purchase my first multifamily property, but I am doing due diligence to find out if there are enough actual renters in the area in which I am looking to invest before I move forward. I also know that some investors are advising to wait, that the market will continue to drop over the next 6 months. I know that no one has a crystal ball. I see mixed responses here. What are your thoughts as an experienced investor? Would you advise a newbie to go for it or wait?