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Updated over 4 years ago on . Most recent reply

Ryan Hazelwood's profile image
Ryan Hazelwood's profile image
Ryan Hazelwood
  • Rental Property Investor
  • from Albuquerque, NM
  • Member since Jul 7, 2020
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Ryan Hazelwood's profile image
Ryan Hazelwood's profile image
Ryan Hazelwood
  • Rental Property Investor
  • from Albuquerque, NM
  • Member since Jul 7, 2020
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Ryan Hazelwood
  • Rental Property Investor
  • Albuquerque, NM
102
Votes |
50
Posts
Starting Out

Best multifamily investing locations

Ryan Hazelwood
  • Rental Property Investor
  • Albuquerque, NM
Posted

New investor looking for resources or personal experience on best markets for multifamily investing. My budget is 0-250k and I’m looking for duplexes or four plexes. Any advice would be appreciated.

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Jack Liu's profile image
Jack Liu's profile image
Jack Liu
  • Rental Property Investor
  • from Sacramento, CA
  • Member since Feb 9, 2019
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34
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Jack Liu's profile image
Jack Liu's profile image
Jack Liu
  • Rental Property Investor
  • from Sacramento, CA
  • Member since Feb 9, 2019
Connect
Jack Liu
  • Rental Property Investor
  • Sacramento, CA
34
Votes |
56
Posts
Jack Liu
  • Rental Property Investor
  • Sacramento, CA
Replied

I have been primarily focusing on the Indianapolis market and noticed there is still a decent opportunity to get 1 - 1.2% rent to price for duplexes in some areas (B-/C+ areas in my opinion). The Indianapolis market is getting quite competitive but I am still seeing some opportunities. There are many duplexes in the 130,000 - 150,000 range that should rent 700-750 on each side. Let me know if you have any questions! 

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