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Kelly Diaz
  • Miami, FL
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Thoughts on investing in Gainesville

Kelly Diaz
  • Miami, FL
Posted

Hi there! I'm looking to invest in some multi-family units near Gainesville and wondering if there are any areas anyone on here would recommend looking at. Goal is to BRRRR a few multi-unit properties. Any advice on location, agents or other resources welcome!

Thanks BP friends :)

Kelly

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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
Replied
Quote from @Kelly Diaz:

Hi there! I'm looking to invest in some multi-family units near Gainesville and wondering if there are any areas anyone on here would recommend looking at. Goal is to BRRRR a few multi-unit properties. Any advice on location, agents or other resources welcome!

Thanks BP friends :)

Kelly

Welcome to Biggerpockets

@Stacey Spencer (welcome to you too Stacey) made a good point that needs repeating.  Investing in a multi family in an area where people compete for rentals is always a good idea.  College towns like Gainesville will give you strong returns.  Make sure you have a strong team in place; property manager, lender/broker, realtor and insurance because managing properties from 300 miles away can be a challenge.

All the best

Stephanie

  • Stephanie P.
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