Phoenix / Colorado Springs / Reno - Which should I invest in!?

[Carly Baum]

Hey everyone,

Looking to choose a market to start investing in Homes, Multi-Family, and Apartments. I live in CA and have narrowed it down to these 3:

1) Phoenix MSA

2) Colorado Springs

3) Reno/Sparks

If anyone has any advice, opinions, or connections in these markets please let me know; or simply just let me know which one you would choose and why.

Appreciate all input, thanks!!

Carly 

[Rodolfo Canon]

Comparing these three markets without more information about the types of investment you want to make (asset class, cash flow, COC required, Cap rate, etc.) is a futile exercise. The entire front range from Fort Collins to Colorado Springs is being inundated with out-of-state investors seeking higher returns through value-add investments. Guess what? The inbound migration that has been a constant for the last 8-years has many new residents seeking the exact same thing.

Be as specific as you can about what you are looking for and we will give you our assessment of availability