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Updated over 3 years ago on . Most recent reply

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Kendall Kelly
8
Votes |
7
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Best areas for cashflow for multifamily properties

Kendall Kelly
Posted

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

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2,434
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Michael Plante
  • Deland, FL
1,874
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Michael Plante
  • Deland, FL
Replied

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 

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