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Updated over 8 years ago on . Most recent reply

Out of State Investing into Arizona or Texas
Hello BP!
New investor from Southern California looking into Arizona and Texas. I would love to hear any boots on the ground information from Phoenix, and Texas (SA, Dallas, etc).
I am looking for a multifamily, most likely a duplex to start.
I would love to hear everything from economy, real estate market, areas where multi families could be successful, etc.
Any suggestions or reference to Real Estate agents in these areas who have experience with out of state investors would also be much appreciated!
Thanks in advance and I look forward to hearing and discussing RE with everyone!
Most Popular Reply

Andrew,
I just bought two properties that cash flow $5k per month each on only $2.2k mortgage per month. Looking for partners on more here in the San Antonio area.
Let me know if you're interested.
-Patrick
P.S. the 5k is net, not gross.