I know that getting into the property development game would probably be pretty expensive. Major developments almost always have multiple investors or big banks financing the building. On the other hand, single family houses limit how much you can actually make if you stick to only one or two, any more than that and it can really become an ordeal.
After watching this video on real estate I started thinking about it and figured - wouldn't a small apartment building be perfect as a REI?
Something like 8-12 units. It probably could be financed by even a local bank and if you lived nearby/in a unit, you could take care of most maintenance issues if you're good with your hands.
Has anyone else went this route?
Submitted November 18, 2017 at 10:30PM by hds272 http://ift.tt/2AZyr1s
