Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

12
Posts
5
Votes
Megha Sharma
  • New to Real Estate
  • California
5
Votes |
12
Posts

Whether to buy a SFH or Apartment or Condo unit while investing out of state

Megha Sharma
  • New to Real Estate
  • California
Posted

I live in California (North Bay region) and I own a SFH here and I am planning to invest out of state. I have a budget of around $250k. I'am considering Arizona , Nevada or North Carolina for investment . Which among three ( townhouse or condo or SFH) is better for appreciation and cash flow and property management will cost low among three? I'am considering these states as property tax and tax are low in the states and my husband did his graduation from Arizona and Nevada is closer to where i live and North Carolina is in my mind without any specific reason:) .

I and my husband does not have any relatives or friends in any of the states, so we don't have pretty much any idea about the market in any of the states. We are doing  online research about the market and decided t invest in these three states, and if we find any good deals we may invest another $200k in the market in the coming months. Is it a good idea to buy a duplex as a first investment or different real estate properties ?

Most Popular Reply

User Stats

1,355
Posts
1,662
Votes
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,662
Votes |
1,355
Posts
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

What factors made you choose these markets? If you guy's haven't decided on one yet, think Columbus, Ohio is a great market to consider. I moved here from Florida after seeing the projected growth. Multiple, billion dollar companies are investing substantial amounts of money into our area, such as Intel, Google, and Amazon. Which in turn will bring plenty of other investors and general business to the area.

business profile image
Reafco - Samuel Diouf
5.0 stars
17 Reviews

Loading replies...