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Updated over 5 years ago on . Most recent reply

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Nia Dixon
1
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13
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Looking for insight

Nia Dixon
Posted

Good afternoon, I’m just starting out trying to invest into some properties in California , Arizona or Nevada and was wondering which cities for someone on a budget would be great to invest in a multi-family unit ?

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232
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Art Perkitny
  • Specialist
  • Cleveland, OH
348
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232
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Art Perkitny
  • Specialist
  • Cleveland, OH
Replied

Hey @Nia Dixon, I have compiled a list, and provided a map as well, of cities that fit your investing criteria.

The data suggest that you'll want to look in the central areas of CA or AZ if you're looking for budget places to invest in. 

The locations all have median home values in the bottom 50% for all three states combined and the population threshold was set at 25k or more to eliminated nano-sized markets. 

The points on the map correspond to each location provided. The larger the bubble, the greater the population. 

I have provided a link to both a higher res image of the map as well as a csv with all  the data points.

https://www.dropbox.com/s/tpebs6ddo16a3b6/CaAzNv.svg?dl=0

https://docs.google.com/spreadsheets/d/e/2PACX-1vS...

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