Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

11
Posts
9
Votes
Michael Chiafulio
  • Investor
  • Las Vegas
9
Votes |
11
Posts

Looking for best cash flow markets to buy rentals (SFRs)

Michael Chiafulio
  • Investor
  • Las Vegas
Posted

Hello, I am new to BP but an experienced investor with 8 rental properties in Las Vegas.  I also flip 1-2 times a year when the opportunity presents itself.

I am interested in doing a 1031 on one of my Vegas properties and buying 2 properties with the proceeds in another part of the country.  I will have about $180K to work with, and can add a little cash if necessary.  I have been researching markets and the ones that seem to stand out are Indy, Memphis, Jacksonville, Cleveland, Pittsburgh, and a few others.

I would like to get some feedback from the forum on suggestions on which markets are most favorable, and which turnkey companies are the best in those markets.  I am familiar with Roofstock (not a true turnkey I know), Morris Invest (I have a scheduled call upcoming with them), and have contacted a couple of local turnkey providers in Indy and Memphis.

My goals are long term cash flow and to be in an area with lower property taxes.  Would prefer to stay out of D class neighborhoods.

Thanks everyone, and I look forward to seeing your responses.

Loading replies...