Multifamily Markets, 5 to 20 Units
Hi Everyone!
I am looking to get into the real estate investment game, but a lot of the single-family homes do not produce great cash on cash returns, at least in areas I would buy in. As I consider myself knowledgable enough to be dangerous, I'd actually like to buy a smaller multifamily of 5-20 units in a solid yet affordable (not coastal) market. I have been looking for SFRs in Kansas City, Indianapolis, Birmingham and Memphis - Do you guys think these are also solid markets for 5-20 unit multifamily properties? If so, can anyone recommend a good real estate agent/broker to work with in this property type? Thank you very much for any input!
Most Popular Reply
Indianapolis has a good market for these. I own one and hoping to buy another. A broker in our office has a pocket listing for one I believe.
Cory Robinson could help.