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Updated about 1 year ago on . Most recent reply

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Diversify my investments or stick to the same city?

Posted

Hi there,

I have 2 MFU's in the Metro Atlanta area totaling 8 doors. I live in California (can't invest here, too expensive, and I am ok investing out of state). I just started investing in late 2022 but my properties are pretty stable now and I have a PM in place that I can pretty well trust. They also give me a discount for having more properties. I am ready to buy a new property and am now wondering if I should stick to Atlanta since I kind of have the hang of it there. Or is it better to diversify and have some units or SFH in other cities? Just wondering if I can get some advice from seasoned investors. TIA

Most Popular Reply

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Caleb Brown
  • Real Estate Agent
  • Kansas City
2,344
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3,347
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Caleb Brown
  • Real Estate Agent
  • Kansas City
Replied

Stick to it. If it ain't broke don't change it. Continue to grow your footprint and relationships. Down the road sure you can expand but no point currently 

  • Caleb Brown

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