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Updated about 5 years ago on . Most recent reply

User Stats

24
Posts
35
Votes
Anne Marie Kodama
  • Rental Property Investor
  • Foster City, CA
35
Votes |
24
Posts

Looking into OOS multi family properties

Anne Marie Kodama
  • Rental Property Investor
  • Foster City, CA
Posted

My husband and I purchased our first investment property in 2011 in Fairfield, CA.  We bought a single family house for $169,100. It is now worth ~$400,000.  We are renting for $1,795 and bring in about $200 cash flow each month.  

We put our investing on hold while our three kids started applying for college.  Our oldest just graduated in June and our twins are juniors.

During our annual new year's eve yearly planning, we decided the time is right to get back into investing.  We are looking at small MF properties.  We are researching where to focus our investments. We have been looking at approximately 20 metro areas with solid job and population growth.  Now we just have to narrow it down the right location. :)

Any recommendations would be appreciated.  Looking forward to discussing and learning from all of you.

Most Popular Reply

User Stats

96
Posts
140
Votes
Zach Hoereth
  • Rental Property Investor
  • Indianapolis, IN
140
Votes |
96
Posts
Zach Hoereth
  • Rental Property Investor
  • Indianapolis, IN
Replied

*Any realtor from Columbus beating a dead horse* 

"You should look into Columbus!" 

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