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Updated over 6 years ago on . Most recent reply

User Stats

55
Posts
18
Votes
Brian Erickson
  • Realtor
  • Tucson, AZ
18
Votes |
55
Posts

Living in an EXPENSIVE market.. Where to Invest OOS for MFP!?

Brian Erickson
  • Realtor
  • Tucson, AZ
Posted

Trying to figure out an area to focus on and get in the MULTI FAMILY game.  We live in the northwest and we'd love to dive in a more affordable market..

We've got a handful of candidates narrowed down by affordability, knowledge by association and places that just resonate/excite with us.  Cincinnati (OH), Memphis (TN), Philly (PA), Kansas City (MO), as well as the southwest (AZ, but NM specifically) are places that the numbers look great but our lack of area knowledge is making us hesitate.

Open to suggestions of where to focus on and/or establish relationships and build teams in order to obtain properties that cash-flow (preferably with higher potential to appreciate obviously).

Any outstanding realtors in the greater Seattle area that can find me a house-hackable multi-family property so I can stay local?

What say you forums?

Most Popular Reply

User Stats

172
Posts
107
Votes
Jake Alger
  • Real Estate Broker
  • Bellevue, WA
107
Votes |
172
Posts
Jake Alger
  • Real Estate Broker
  • Bellevue, WA
Replied

Hi @Brian Erickson,

I'm a local agent and would be happy to chat with you.  There are opportunities in our region, especially for house hacking.  You might need to look a little bit north or south, but they do exist.  Each neighborhood has it's own ups and downs and I would caution you to stay out of Seattle city limits if possible.

- Jake

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