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Updated over 3 years ago,
Should I buy rental properties in multiple states or focus on 1
Hi there,
I started purchasing rental properties a year ago and I'm a bit confused as to where I should buy and build a larger portfolio.
I'm currently invested in south Florida but it seems impossible to find good deals anymore. I was thinking to buy duplexes, triplexes and fourplexes out of state but I'm trying to figure out the best strategy to do so.
Is owning a nationwide portfolio with few properties in each state/area a smart decision or should I focus on 1 area?
What would you guys recommend me to do?