Hi everyone,I'm in the market to buy a quadriplex in the Kansas City area, priced at $450,000.

@Hansel Barretono, you buy the 4 plex with a low money down loan, and live in 1 unitisn't supposed to cash flow, just offsets your mortgage with the rentsbut of course you can even rent out the rooms in your unit and sleep in the basement or on a couch or whatever

So if you are going to take on the risk of buying an investment property, it needs to be worth it.

This is apparent in Washington D.C.’s new high in office vacancy in Q2 of 2024 at 22.4% according to CBRE (Source).

@Luis Herna, I don't mean to imply that finding a property worth investing in is easy, but it is far harder to raise capital than it is to find a property to buy.  

Or you could buy a SFH in the suburbs but duplexes in the suburbs will be a fair bit more expensive.Anyway, I think Detroit is a fantastic place to build wealth now and in the coming years.

They may not be in your office or even in your city and they may not jump up and down, saying look at me, look at what I've done. 

I believe a lot of the “buy here pay here” auto lots used it.This may be in your loan terms and is the reason you owe more than the original loan, after making payments for years.  

Some friends and family are interested in buying in to the right deal, but I don't understand how they get paid (wrong specialty I guess).

I’ve always wanted to get into the world of real estate, however i’ve never dipped one toe into buying and renting out homes.