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All Forum Posts by: Abhi Patel

Abhi Patel has started 8 posts and replied 14 times.

How does the crime affect a multifamily houses value or does the buildings value stay put if the income is steady?

Invest in multifamily

The PM idea seems solid, I give it a try and see what feedback I receive.

I was recently interested in purchasing a multifamily property and receive a solid CAP rate. The research led to me to cheaper properties in the South Side, more specifically South Shore and nearby areas. Would purchasing a property and leaving it to a management company would be a worthwhile investment? Are there better areas for a similar price range? Also, is easy to find tenants in the area due to the population density?