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Updated almost 2 years ago on . Most recent reply
Thoughts on investing in Gainesville
Hi there! I'm looking to invest in some multi-family units near Gainesville and wondering if there are any areas anyone on here would recommend looking at. Goal is to BRRRR a few multi-unit properties. Any advice on location, agents or other resources welcome!
Thanks BP friends :)
Kelly
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Quote from @Kelly Diaz:
Hi there! I'm looking to invest in some multi-family units near Gainesville and wondering if there are any areas anyone on here would recommend looking at. Goal is to BRRRR a few multi-unit properties. Any advice on location, agents or other resources welcome!
Thanks BP friends :)
Kelly
Welcome to Biggerpockets
@Stacey Spencer (welcome to you too Stacey) made a good point that needs repeating. Investing in a multi family in an area where people compete for rentals is always a good idea. College towns like Gainesville will give you strong returns. Make sure you have a strong team in place; property manager, lender/broker, realtor and insurance because managing properties from 300 miles away can be a challenge.
All the best
Stephanie