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Updated over 5 years ago on . Most recent reply

User Stats

114
Posts
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Jorge Barboza Jr.
  • Investor
  • Yorba Linda, CA
32
Votes |
114
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Investing by Amazon

Jorge Barboza Jr.
  • Investor
  • Yorba Linda, CA
Posted

I am thinking of utilizing a couple of strategies.

1. Investing near New or semi-new Amazon Distribution Centers. They usually hire around 1000-2000 people and alot are renters.

2. Investing in Reno by the expanding tech businesses and the Google purchased area.

Criteria would be small multi-family, preferably 2-4 unit to start and then try 5-15 if it works with the smaller units.

Thoughts?

Jorge

  • Jorge Barboza Jr.
  • Most Popular Reply

    User Stats

    3,019
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    Will Fraser
    • Real Estate Broker
    • Salt Lake City & Oklahoma City
    2,321
    Votes |
    3,019
    Posts
    Will Fraser
    • Real Estate Broker
    • Salt Lake City & Oklahoma City
    Replied

    Hey @Jorge Barboza Jr.!  These are good thoughts my man!  Amazon recently opened a large center in my market and I've been dumbfounded by the affect.  They are attracting people to the area (micro-area, not simply to OKC as a whole), and they are attracting a labor class that is frankly . . . surprisingly high.  If you pursued this strategy hard, this would be akin to betting on Amazon as a company . . . I wouldn't have a problem with that!

    Good luck in the strategy, Jorge!

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