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Updated over 1 year ago on . Most recent reply
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Ready to start my portfolio
Greetings All
I’m ready to start my portfolio with rental properties. I currently reside in California, so I’m I interested in oos investing.
I’ve been looking in Austin TX, Cleveland OH and Detroit MI. What other cities do you recommend for cash flow. I’m only interested in multi family properties.
Ready to build my team, but unsure where to start.
Plans are to purchase 2 duplex or 1 quadplex in the next 30 days.
Any advice or words of encouragement are greatly appreciated.
Thanks!
Most Popular Reply
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Congratulations on starting your real estate investing journey! As for other cities to consider for cash flow, some popular ones include:
- Indianapolis, IN
- Kansas City, MO/KS
- Birmingham, AL
- Memphis, TN
- Atlanta, GA
- Jacksonville, FL
- Columbus, OH
It's important to thoroughly research any city you're interested in to make sure it has strong economic fundamentals and a stable rental market. Networking and building a team is also key to success in real estate investing. You may want to connect with local real estate agents, property managers, and other investors in the cities you're considering. Best of luck to you!