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Updated over 5 years ago on . Most recent reply
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Considering Milwaukee, Atlanta, or Vegas: Need Connections
Hey all, currently I have 3 duplexes in Minneapolis, each bought for around $240-$250K and they bring in about $2500-$3100 in rent each. I'd now like to diversify and am looking into Milwaukee, Atlanta, and Vegas. Would love to hear of anyones experience in one of these markets, see some examples of cash flowing 2-4 unit properties, and get connected to a realtor/investor in the market that owns multiple multi-family properties.
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I'd suspect most cities these days are expanding, so depending on your primary criteria and reason for expanding out of Minneapolis it could sway opinion to one or the other. Most folks come to Milwaukee for better cash flow, there are also some cool developments and expansion going on in most parts of town. Typical duplex in a reasonable area will run you $150,000 - $200,000 and with rents 1% or better.