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Updated over 1 year ago, 07/12/2023

User Stats

12
Posts
11
Votes
Andrew Potievsky
  • New York City, NY
11
Votes |
12
Posts

Which cities have the most promise for long-term rentals (cash flow)?

Andrew Potievsky
  • New York City, NY
Posted

Hello everyone! 

I'm interested in buying my first investment rental property with the goal of maximizing cash flow (e.g. targeting multi-family where possible). I am in New York so I'm looking to buy out of state.

What are some of the most promising cities for multi-family rentals with a growing population/job market and ideally low risk of property tax creep? Additionally, are there any websites / apps that folks use to discover promising cities for RE investments?

Some areas i'm interested in:

1. Columbus, Ohio
2. Orlando
3. Jacksonville

I'm starting my journey with RE and I want to be careful and deliberate with my first buy.

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