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Updated over 10 years ago on . Most recent reply

Mike Mitchell's profile image
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Mike Mitchell
  • from Brooklyn, New York
  • Member since May 26, 2014
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Mike Mitchell's profile image
Mike Mitchell's profile image
Mike Mitchell
  • from Brooklyn, New York
  • Member since May 26, 2014
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Mike Mitchell
  • Brooklyn, NY
7
Votes |
38
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Buying & Selling Real Estate

why is the midwest soo popular?

Mike Mitchell
  • Brooklyn, NY
Posted

Going through the forums, it seems as if everyone agrees that the midwest  i.e (indianapolis,Ft. Wayne,Chicago,Cincinnati,Cleveland) has great values cap rates etc? why is that? I am looking to invest out of state but want to know of other great markets?

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Jeremy Tillotson's profile image
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Jeremy Tillotson
  • Investor
  • from Fort Wayne, IN
  • Member since Mar 22, 2014
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Jeremy Tillotson's profile image
Jeremy Tillotson's profile image
Jeremy Tillotson
  • Investor
  • from Fort Wayne, IN
  • Member since Mar 22, 2014
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Jeremy Tillotson
  • Investor
  • Fort Wayne, IN
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Jeremy Tillotson
  • Investor
  • Fort Wayne, IN
Replied

@Mike Mitchell whats appreciation, lol. We have had for the first time in a long time some appreciation of about 3-6%. In general you buy for cash flow around here. 

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