Multi Family out of state from California

[Alexander Parada]

Whats up guys my name is Alex I build, flip and hold some single families in Houston, TX. Living in California is great to build and flip when times are certain and rolling. I have been pivoting towards multi family as This is my long term play.

Who is in the Los Angeles area that invest out of state on Multi family apartments? Lets connect and pick each others brains about multi fam investing. Im currently looking in Texas. Looking to acquire 14 + Units to get things moving along.

A bit about my self also I own a flooring and construction company in Los Angeles and Houston Texas. Been in the housing / construction industry my whole life.

[Will Fraser]

@Alexander Parada you've got a solid background to make this work in any market!  Well done on the steps you've taken to grow a business that is not constrained by the market you live in at the time.

as @Jonathan Barr alluded to above, markets like Kansas City, Oklahoma City, Tulsa, and to a degree Little Rock typically perform well, are considered "linear" markets instead of the cyclical beasts that LA, San Fran, NYC and many other markets are.  

Another thing I'll add . . . In markets in the "midwestish" and south that experienced building booms in the '70s you'll find many opportunities to renovate buildings, often in decent locations.  With markets that have historically lagged but as of late are experiencing high growth, there tend to me more new construction opportunities, which will allow you to attract a different tenant class usually.

OKC u later!