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Updated almost 4 years ago on . Most recent reply

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Anthony Duran
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Second rental advice !!!!!!!!

Anthony Duran
Posted

just need some insight here , looking on investing in out of state in multi family homes. Just curious  on what market would be good as far as price point to cash flow ratio ,though it would be great but more so targeting cash flow vs appreciation .  I am just starting and trying to grow my renter portfolio I have read some good things about Milwaukee and Cleveland.  

I have also been told that single family homes is the way. Would like to hear  on people's experiences as well opinions

thanks

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Stone Jin
  • Rental Property Investor
  • Chandler AZ and Sylvania, OH
560
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707
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Stone Jin
  • Rental Property Investor
  • Chandler AZ and Sylvania, OH
Replied

@Anthony Duran we invest in Ohio but are in Arizona.  I think any major city in the midwest will yield cashflow.  I think before you need to narrow down your own criteria.  Are you looking for small MF or large MF?  Are you looking for B class, C class or D class?  What is your desired cash on cash  returns?  Once you refine your criteria then you will be able to look at specific neighborhoods rather than broad cities.

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