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Updated over 10 years ago on . Most recent reply

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Andrew Magallanes
  • Corona, CA
3
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Having Trouble Picking A Market

Andrew Magallanes
  • Corona, CA
Posted

Hello, everyone I live in southern California and have three markets I want to invest in which are San Diego, Fort Worth, and Miami. The problem is I don't know really even know if theses are good markets for apartment investing. Am I picking to many markets to start off with and how do you decide what markets to invest in?

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Dean Letfus
  • Specialist
  • Memphis, TN
1,176
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Dean Letfus
  • Specialist
  • Memphis, TN
Replied

Assuming you are new to investing itself there are 2 questions to ask yourself.

1. Should I start with apartments as an investment or start with SFR's which are lower cost, lower risk etc.

Then the next question is where to invest. I was in 3 markets but found it too difficult to get good enough at all 3 so narrowed it down to 1.

4 years and hundreds of deals later I am now just starting to look at multi family.

Hope your journey is successful!

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