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Updated over 8 years ago,
What part of the country is there a better return then 6%
Hi guys and a happy Friday to you all. I would like to start off by saying i love this site and all the posts people put up! I have recently been reviewing a lot of posts and it seems like a lot of you are receiving a very high return on investment. I was wondering how that was?
I currently own 5 properties in the Las Vegas area and I bought them in 2009 - 2016 and it seems like after calculating all my yearly expenses i make a 5-6% return on the cash i invested in the properties. A little about the 5 properties i own. They are all in class A communities and have very to zero turn over in the last 5-7 years.
They are all paid off in cash and I was wondering if there was some where else in the US I can invest and purchase property with a higher return on my money, but not overlooking the fact I would like the properties in a class A neighborhood also?
From your expertise what else can i do to expand my investments? What other states/towns are good for ROI for single family homes?
Thank you guys for all your posts and happy investing to you all!!
Adam