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Despite the escalation of asset prices over the past several years, there’s still great value In Midwestern tertiary markets. In multifamily, you can still buy properties for under $100,000 per unit that generates strong cash flow. Although these are small markets, many of them have strong and stable employment fundamentals, and therefore consistently high occupancy levels. Ross McArthur, Partner at Follow the Deal Investments, has accumulated a portfolio of over 600 units over the past few years within two hours of Indianapolis. Ross also flips 20 properties per year which helps feed his multifamily acquisitions.
