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Updated over 8 years ago on . Most recent reply

User Stats

176
Posts
70
Votes
Gi'angelo Bautista
  • Flipper/Rehabber
  • San Francisco, CA
70
Votes |
176
Posts

Which West Coast city would you develop in?

Gi'angelo Bautista
  • Flipper/Rehabber
  • San Francisco, CA
Posted

If you were a multifamily developer and you had the chance to move wherever in the West Coast, which city would you pick that had the shortest entitlement process and the most opportunity for building apartments?

Most Popular Reply

User Stats

279
Posts
91
Votes
Grant Greene
  • Lender
  • Tucson, AZ
91
Votes |
279
Posts
Grant Greene
  • Lender
  • Tucson, AZ
Replied

We Phoenicians are hurt, @Diane G. : ) But seriously, despite our bias for living mere inches from the surface of the sun, @Account Closed and others have found Phoenix to be a very lucrative market for REI folks. California, without a doubt, has better weather, beaches, etc., but the cost of entry is a lot easier here in Phoenix than most of the California markets - and with people continuing to move to Arizona from California, the rental market for the buy-and-hold folks and the housing market for the fix-and-flip folks are very lucrative.

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