Multi-Family and Apartment Investing
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Updated about 1 year ago on . Most recent reply
Multi-family/ Apartment Investing
I am curious, if anyone is willing to share. Don't have to be too specific but i think a post like this can help a lot of people out.
Where are you currently investing in/looking to invest in multi family and why?
Personally, i am looking at Columbus Ohio, Louisville Kentucky, and smaller cities in Illinois.
I am leaning away from Columbus currently because everything is so expensive, I'm assuming due to projected appreciation. I like Louisville a lot because it seems like there are some areas where crime is low and pretty good rents for the money and Illinois has a lot of smaller cities that have great demographics. I know Columbus is great, but i'm currently looking for cashflow> appreciation.
Any responses would be great, weather you don't own a single property or own 1000. Love hearing others thoughts. Thanks.
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Im investing in Cincinnati Ohio. Everything is very cheap compared to other cities, and lots of multi families for sale with rents half of the market price. These properties can throw off serious cashflow with some new paint and floors. So I think its a great market, Im not sure how it stacks up to Detroit or any other city in the mid west. Also things here are more or less steady and predictable, no crazy boom and bust cycle like Phoenix for example.