Trying to get into Real Estate

[Maritha Harr]

Hello David,

I wanted to find out what area do you think would be the best to invest in duplexes. I have been looking online but can't find deals, Im in California but looking in Las Vegas and Arizona due to California being so expensive.

[Brian Walters]

@Maritha Harr it depends on what you're looking to invest in. In the Vegas area, if you're going multi family it's going to be in not the best parts of town. Doesn't mean it can't be done, but my understanding is there is more risk involved.

Best thing to do is research different parts of town, learn what you can about the area(s) and then start to narrow down exactly where you want to invest.

[Maritha Harr]

Brian thank you for you responding I will keep that in mind.

Maritha Harr

[Theresa Harris]

Are there towns in those states that you've been to frequently or know?  I'd start in those towns and find out prices, rents, vacancies, etc.

[Maritha Harr]

Hi Theresa, 

That's axactly what i was thinking about doing, I been to Vegas a couple of times but only been to Arizona once. 

Thank you for your advice

[Nizar Basma]

Hi Maritha, 

Start looking at the different trends (population growth, economy, job growth, unemployment rates, price/rent ratio, rent growth etc) occurring in each area. Once you begin to analyze the data it should help you decide what region aligns with your goals. 

Good luck! 

Nizar Basma 

[Maritha Harr]

Thank you Nizar

[Susan Thelen]

I have heard Oklahoma is a good place to look into investing. I would suggest getting into contact with a realtor in a few states. I have partners all over the world so let me know if you need a referral in anywhere. I am located in AZ. 

[Maritha Harr]

Thank you Susan

[Zachariah Reitterer]

@Maritha Harr hey I live in Cali as well I've been looking into getting in to Real estate and Cali it just to expensive but I've personally been looking in to the saint louis MO market for multi families and so far it looks very promising!!!

[Maritha Harr]

Thanks Zachariah