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Updated 12 months ago on . Most recent reply

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17
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James Aravena
5
Votes |
17
Posts

Where to Invest and Visit in the South

James Aravena
Posted

Hey yal. 

Here in NYC but looking to acquire multi families out of state for a good mix of appreciation/ cash flow. I'm 21 years old with two inherited properties here in NYC but me and 2 buddies are looking to expand our portfolios. I have spoken to a few realtors down south in Georgia, some of the Carolinas, and Jacksonville FL. Me and 2 buddies are looking to take a trip between May 13-17 to the three states just mentioned but are still honing down the cities. I would love some guidance and warnings of the places you guys have been to or invested. Realtors, PMs, and contractors: give me a holler I would love to talk and see if we can setup times. I mainly want to get a feel how for how different cities function and have some fun along the way

If anyone has any enlightening info, specifically on multi family properties (since there's 3 of us) I'd love to talk and hear about success stories or failures. 

James :)

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Most Popular Reply

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1,347
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596
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Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
596
Votes |
1,347
Posts
Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Replied

Ill second Jacksonville however, be aware down south is built out differently from the northeast and we do not have a lot of small MF buildings like there is up north. Most investor portfolios are groups of SFH, or large apartment complexes.

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