Can you see your self being able to liquidate your property for homes in that area? I assume you can pay your mortgage, what's stopping you from making the move?
The first thing with multi units is jobs. You can buy the nicest 4plex in America, but if there are no jobs for renters... Well...
>Kys.exe
But for real though. Jobs. High paying jobs. And you want to look to see if you are in a boom/bust town. Like oil feilds can be lucrative when the boom hits, but when the bust visits...
>Gainzgoblin.jpg
How many multis do you own right now? And how far from you are they?You don't need to be in densely populated areas to get started, you need to be regularly generating leads and systematicly engaging with them. Sometimes moving is the worst thing because you don't know anyone in the area. It is much easier to get into business with an area and with people you know than the opposite. Ya dig?
Ask a Realtor® anything
Still op
for google business and website content, local seo
Realtors are parasites.
No realtor is pointing a gun to your head for you to use their service.
for google business and website content, local seo
Good point on the local economy. I didn't even think about a boomtown problem. You just potentially saved my ass from a future liability so thank you. To answer your question, I don't own any multi families at the moment or any sfr. I buy and sell land and any houses I can get my hands on but I'm trying to learn more out cashflowing props and find multifamily, specifically apartment buildings to be more appealing overall but I'm also learning about tripple net(?) leases for commercial and see some advantages there. Oh and I'm about an 8 hour drive to the area I buy and sell in. I pretty much find a severely discounted deal while at home then when I'm in town I buy it and then immediately hand it over to my realtor to handle the sale. Like I said it's a great way to build my bankroll but I'm looking for cash flowing multis to start building wealth.
Which is the more preferred platform Zillow or Redfin?
Do you use Docusign?
are the downtown properties overrated lately.?should we expect downturn of large cities' real estate?
Can we at least agree Hitler did nothing wrong?