How Do We Find Which City To Invest In

[Michele Velazquez]

I have decided I want to invest in a multi-family triplex or duplex. I live in So Cal so I prefer to invest out of state, but what resources are there to help you pick from one of the thousands of cities in the U.S.  Any advice, tips, or resources for me to dive in there and pick the area I want to invest in?  I feel like I am looking for a needle in a haystack!

[Stephanie Trevizo]

Hi Michele, I'm also in SoCal and looking out of state. If you haven't already read it, David Greene's book Long Distance Real Estate Investing is a good place to start. I'm looking for city's with major employers such as major hospitals, universities, large factories, etc. I also want to see average median incomes that are at least 3X the local rent. When I find a city I'm interested in, I look for PB posts from investors in these areas to connect and see what they are up to.