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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?
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
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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