Top 3 states and which niche to invest- Multifamily , SFM /others

[Sachin Maskey]

I am currently in state of MA and looking to invest in out of state and looking for teams like agent/broker/wholesaler ( most important person to find deal ) , lender, property managers and contractors etc . I would appreciate if you can give me your recommendation or you can reach me to out to have further discussion 

I am also looking for recommendation for Top 3 out state list and why this market is good to invest??

[Brian Briscoe]

@Sachin Maskey - you definitely want to nail down your location before building your team.  We've focused on one specific region and then try to get all of our third-party people from that same region.  Our lending team, insurance, etc. are all in the area in which we're investing.  Of course the property manager and contractors are in that region too...

We like the Carolinas - specifically, Upstate South Carolina.

On the East Coast - money and people are moving from high cost of living and cold-winter states (NY, MA, NJ, etc) to low cost of living, warmer states (NC, SC, FL).  Two of the metros that are experiencing the most growth are Charlotte and Atlanta...  We like Upstate SC for many reasons, but the fact that it's on the I-85 corridor between these two cities is one factor driving the growth in this region...

Like I said, recommend you choose your market first, then build a team in that market.