Good places for a California investor to buy multi-family and apartment complexes

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Hi Everyone,

I would like to get the expert advice/opinions of other BP members on a dilemma that I am faced with. My husband and myself are investors from San Jose, CA and we have only bought SFRs so far. We have bought in AZ, NV and TN and have had no issues since we have good property managers. We now want to invest in 4 plex or apartment complexes and have no idea which markets are good in terms of cap rate and also ease of management. Since we cannot buy local (cap rate in CA is pretty low), we are exploring different markets. 

Thanks,

Carolyn

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