Good cash flowing markets for Mf apartments

[Jeff Banky]

Hello All...

I am interested in peoples opinion about markets around the country where you can still find good cash flowing apartment buildings...With cap rates as compressed as they are now, its getting harder and harder for a project to cash flow.

I would love to hear peoples opinion on where the good stable cash flow marks are these days.....I am talking about markets with a enough people in them to facilitate being able to find a good property manager and also a market big enough to have enough of a population base to supply a supply of tenants to keep it occupied. Also, no war zones or area with poor economies....

I appreciate anyone who chines in with a market they like....thanks everyone in advance for the input.

Jeff

[Ian Barnes]

@Account Closed, I live and work in Baltimore city and buy a lot of properties in the city, typical deal is your all in for 80K on a fully rehabbed property which is worth 100K ARV, taxes are from 1k-2k a year, and your getting 1250-1400 a month for a 3bd/1 bath rental from a voucher program. If you don't live in Baltimore City, you need an on the ground person to run your investments who knows the city well, its a block by block city, and you can easily lose all your money if you don't invest right. Most of the houses I buy were houses from failed investors.