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Updated over 6 years ago on . Most recent reply
inexpensive multifamily markets with strong rental cashflow
What would you say the best U.S markets are currently to buy multifamily units under 40K with strong cashflow/rental markets?
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James Wise
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James Wise#5 All Forums Contributor
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Originally posted by @Joanna Golden:
What would you say the best U.S markets are currently to buy multifamily units under 40K with strong cashflow/rental markets?
In 2013 there was decent multi family cash flow opportunities under $40k. That period is over though. Here in 2018 the market has rebounded. Any multi family that is priced under $40k will be in a distressed or high risk neighborhood. If that's what you are into there are ton of high risk D class opportunities in Cleveland.