Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Nick Breslin
  • Gresham, OR
0
Votes |
4
Posts

Good buy and hold markets

Nick Breslin
  • Gresham, OR
Posted

I am just starting out in real estate, and have been told by multiple people that a buy and hold strategy for positive cash flow, while getting a decent COCR in my area (Portland, OR) is very difficult/ not possible. I am young, want to get into investing full time in cash flow multi family rentals in the coming years, and want the highest chance of success as possible. That said, I feel like relocating to a better market would greatly increase my chance of success, and I am willing to do that. I would like to know what parts of the US make a similar strategy have the highest chance of success. I have done a little research myself, and Atlanta seems to be one of the better places for this type of strategy. Any other suggestions of possible places to move to are appreciated, as well as things to consider when choosing a city. Thanks.

FROM MODERATE: If you recommend a location, provide an explanation of WHY you recommend that location. "Because I have properties for sale there" is NOT a good reason.

Most Popular Reply

User Stats

22,059
Posts
14,127
Votes
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,127
Votes |
22,059
Posts
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Douglas Christian and Frank Iglesias, why do you think you're respecive locations are good for investments? You're both selling in the markets you recommend, so how about a explanation of why those are good cities to invest in?

Loading replies...