New member from Orange County, CA

[Dean Suzuki]

Hi,

I'm a new member from Orange County, California. I am a beginner buy and hold investor. I started investing in 2009 and purchased properties in Southern California, Phoenix, Dallas, Atlanta, and Memphis.

I am looking to learn more about real investing and am focusing on buy and hold.

Question: I have invested in SFR and want to learn more about investing in multi-family. Any suggestions appreciated.

Question: I have also reached my maximum 10 Fannie Mae loans and am looking for any advice on going beyond the 10 loans.

My long term goal is to generate enough passive cashflow to exit the rat race.

I have started listening to the podcasts and reading through the forums.

Thanks for your help

Dean

[Dean Suzuki]

I think that Memphis is the best right now for SFR. I started out two years ago in Southern California around where I live. Its pretty expensive here and I met some folks investing in Phoenix, so I started investing in Phoenix. Then, Phoenix got expensive and I met some investors in Dallas so I started investing in Dallas. Dallas got too expensive and I met some folks investing in Atlanta so I started investing in Atlanta. Atlanta got expensive so I'm in Memphis. All of the above experience was with single family residences.

I am looking at a fourplex in Phoenix now though. I think that the numbers may work in Phoenix with multi-units.

I'm a beginner though so I look forward to hearing what other folks say.