Best market for 2-4 units with good cashflow

[Martin Krimmel]

Hi all,

I was wondering where other members are investing that are primarily looking for 2-4 unit properties with good cash flow. I'm focusing on long term rentals and ideally properties that meet or come close to the 1% rule. The price range I'm looking at is between 100-180k. I'm already investing out of state and would be happy to connect with some property managers and agents from areas where the above criteria apply.

Thank you everyone!

Marty

[Jack Medford]

I moved from California to Wisconsin about 2 years ago, and have since focused most of my time on Milwaukee and the surrounding area. There are tons of properties in your price range which cash flow anywhere from 1.5%-2% even on the MLS. Happy to share my experience if you're interested in this market.

I've also recently begun looking at Rock County (southern Wisconsin) as there are a lot of cash flow opportunities. However, 2-4 unit properties are not nearly as prevalent as they are in Milwaukee.