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Updated about 7 years ago, 09/18/2017
Selecting your market
Hello BP community.
I'm looking to start my first investment and I'm looking at investing in a multi family unit to get started to help financially by allowing the investment to pay for my rent. My problem is finding where I want to invest. I currently live in the Sacramento CA area, but when running the numbers on cash flow and return on investment I find that in some area like Memphis the numbers work much much better for what I'm looking for. My question is what are some tips on finding a market to get started in. I'm not constricted in terms of location since I'm in a position to relocate based on the market I would like to invest in.
Thank you.