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Updated over 3 years ago on . Most recent reply

Best areas for cashflow for multifamily properties
Hi everyone,
I am looking into investing in my first multifamily property, however I live in LA and feel like the market here would not be best for cashflow. I am thinking out of state would be best for this but I'm not even sure where to start with that. How do I find the right market? How do I properly vet trustworthy people to make deals with? Any advice would be appreciated!
Best,
Kendall
Most Popular Reply

Generally properties which cash flow more tend to appreciate less. And vice versa
Upstate NY cash flows well because they appreciate so little. Such as Buffalo, Rochester and Syracuse