Best Cash Flow Markets in Vermont

[Zach Cowan]

Hello Bigger Pockets Community,

I'm a beginning investor. I co-own a single family home in the South end of Burlington VT with my fiancé and I own a rental condo (2bd, 2.5ba) in the same neighborhood.

I have ~$100,000 in capital that I'd like to use to purchase a multi family rental property. Burlington is a great market for appreciation but can be challenging to find opportunities for cash flow. Do any experienced Vermont investors have recommendations for the markets in or outside of Chittenden County for best cash flow multi family opportunities within an hour drive of Burlington?

Thanks!

Zach

[Patrick Giblin]

@Zach Cowan

We are neighbors! In the south end myself in a SFH!

Ive been looking at some multi family in Burlington as well and the numbers just don't work. No cash flow and a brief look back the other day showed that all the ones that have gone up over the past couple months have gone for over asking. Wild.

I'd vote south burlington or winooski. SB for the schools, winooski for its proximity to burlington and where people are going who can't afford Burlington. Outside of Chittenden County, its gonna be really tough unless you do STR or get an off market deal. Hope others chime in cause VT is a hard place to make buy and hold work right now.