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Updated over 2 years ago on . Most recent reply

User Stats

101
Posts
27
Votes
Freddie Williams
  • Rental Property Investor
  • Norfolk, VA
27
Votes |
101
Posts

Which market to invest in?

Freddie Williams
  • Rental Property Investor
  • Norfolk, VA
Posted

How do you select which market to invest in for multifamily. Example if you find a property, how do you research if that property is in a good market?

Most Popular Reply

User Stats

274
Posts
282
Votes
Andrew Bang
  • Lender
  • Texas; Arizona
282
Votes |
274
Posts
Andrew Bang
  • Lender
  • Texas; Arizona
Replied

Main questions to ask:

1. Will the property appreciate

2. Will the property cash flow

3. Do I have a team in place to buy, rehab, rent, refinance, and manage at this location.

How do you research if that is in a good market.   #1 don't ask a Realtor in that market.  Every Realtor loves their own market and loves to make commissions.  2. Look at other posts on here about best cities to invest in if you are an out of state investor, also zillow compiles alot of data. 

  • Andrew Bang
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