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Updated over 3 years ago on . Most recent reply
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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
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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