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Updated about 5 years ago on . Most recent reply

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52
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53
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Jordan Tinning
  • Rental Property Investor
  • Mukilteo, WA
53
Votes |
52
Posts

Best Cities in the Country for cashflow

Jordan Tinning
  • Rental Property Investor
  • Mukilteo, WA
Posted

Hi All, 

I live in Seattle and am looking for the best cities in the nation for houses and small multifamily units that are sub 100k and that have the best cashflow potential that are not complete ghettos or tear downs. I have been looking at St. Louis, MO Springfield, MO Gary, IN Memphis, TN to name a few. I really need the cheapest houses that i can find that aren't in gang ridden areas. I don't really care too much about appreciation at this point because my goal is to replace my 6 figure income with cashflow. 

Most Popular Reply

User Stats

60
Posts
65
Votes
Edwin Williams
  • Investor
  • Dallas, TX
65
Votes |
60
Posts
Edwin Williams
  • Investor
  • Dallas, TX
Replied

@Jordan Tinning Be very careful if you want cash flow all you have to do is get into the cheaper areas in any of the cities that are going to be recommended to you. Understand that great cash flow is going to be compromised with headaches and headaches in real estate cost money.

I would focus on where can I find the best balance of Realtor, Property Management and property. I would say the PM is going to be the most important. If you focus on cash flow it may not end up flowing into your pocket.

  • Edwin Williams
  • Loading replies...