Little Rock AR, good or bad investment area

[Tekota Ruby]

Any opinions on investing in Little Rock and surrounding areas in AR are much appreciated!

[Adam Chudy]

We own a number of rentals in North Little Rock and Little Rock. I'm from there so I know the areas to invest in and the ones to avoid. It is slow growth, but deals can be had that even with conservative assumptions hit 12%+ cash on cash day 1, no renovation required and it is not going to get overbuilt. Tag on some debt paydown and depreciation and you are mid to high teen returns. All deals right off the MLS in B neighborhoods.

NW Arkansas is going to have much better growth, but it does not cash flow near as well as property costs have run up substantially while rents have not risen at the same rate.