Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago on . Most recent reply
Not sure where to buy multifamily
Real quick we live in Maine, own 1 rental home in Arkansas. We can't figure out where to buy our next. Should we keep it close to home? Or should we keep all rental properties in the same state. Both areas are great places to live.
Most Popular Reply
River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Pro Member
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- USA
- 1,967
- Votes |
- 1,920
- Posts
River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Pro Member
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- USA
Hey Amy -
Really depends... Keeping it close to home in Maine would make management easier, especially if you're hands-on. However you are familiar with the AK market, local contacts, etc. Do you currently use a PM / would you for your next investment? Also, what type of property (turnkey or fixer-upper) / and your rental strategy (short-term vs. long-term)? Ultimately, it depends on what suits your situation and goals best.