They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

Under expert guidance, I began investing in single-family homes, gaining firsthand experience in the art of deal-making.

Our two story more family homes started at 500k and have ended up at 675k to 725k.. with our original nets at 100k ( was the goal) to now we are 100k to 150k NET NET NET on those.. we have 17 more to deliver and 11 are presold at those high numbers and so if I can keep lumber where i need it we should have a very nice last year of the project.

Hello Justin,  I want to start with multi-family buildings with 5-9 units max.

We renovated duplexes and converted. if the price of a condo is similar to a single family home I would pass on it.

I see a lot of great multi family opportunities here.

My family and I are originally from Cuba.

It is a single family home.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Jamaica.

He actually already locked up a subto deal and is looking for a buyer to help the family avoid foreclosure since they are in a bind.