This is true in all markets from Cleveland to NYC.Good luck

Investment Info:Small multi-family (2-4 units) buy & hold investment. 3 unit apartment complex What made you interested in investing in this type of deal?

I have a BP member client who has purchased two oceanfront units there so far and another client of mine is scheduled to close on her first one later this month. 

Quote from @Jeff Calcaterra: Update? 

The guru your son is learning this technique from is likely not telling your son that the deal will almost certainly encourage your son to get an "off-market" deal from a "wholesaler" who is unlikely to properly disclose the details of the property or encourage an inspection. 

Message me for referral link if interested.)

Despite Treasury yield volatility throughout 2024, cap rates remained steady with industrial and multifamily sectors even experiencing slight declines.After a 51% drop in transactions during 2023, CRE sales volume rebounded 9% last year — signaling improving investor confidence.The New York City multifamily sector presents a particularly interesting story.

I’d love to hear from anyone who has done this before, how did you structure it, and what worked best for both parties?

Quote from @Mya Toohey: With my STRs here in Tampa Florida.  

This same question was posted about 8 months ago.