Investing in apartments in AZ or FL
Hi I'm wanting to learn about moving from my CA single family rentals to apartments out of state in FL or AZ
Thanks Jill in Santa Cruz CA
Most Popular Reply
Hey @Jill Corsiglia you should take some time and do some research before investing in anything. We all started where you're at so no need to feel bad, but I wouldn't want you to waste time or money on something you won't enjoy. If you're settled on apartments, the next step should be figuring out if you want to be an active or passive investor.
If passive, syndications might be the best option.
If active, you're going to need to figure out what you can afford in an out of state market. AZ and FL are great markets so you're on the right track, but they are also very competitive so you'll need to figure out how to find good deals. Start with reading some books on this and listening to some podcasts.
Hope this helps.