Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Raian Huq
  • Homeowner
  • Menlo Park, CA
1
Votes |
5
Posts

Thoughts on IN, ID, NC, TN for cashflow?

Raian Huq
  • Homeowner
  • Menlo Park, CA
Posted

Hey everyone, I'm new here and would like opinions on 4 markets.

Indianapolis, IN

Charlotte/Raleigh-Durham, NC

Nashville, TN

Boise, ID.

I'm looking for cashflow (I have appreciation heavy investments already), and I'm leaning towards Indianapolis for their sub-$250k SFHs that cashflow well (almost 1% rule). The other 3 markets cashflow less but have more appreciation potential. 

What do y'all think?


Thank you!

Most Popular Reply

User Stats

68
Posts
51
Votes
Sean Thompson
  • Boise, ID
51
Votes |
68
Posts
Sean Thompson
  • Boise, ID
Replied

Boise is really almost exclusively an appreciation market. Even minimal cash flow is hard to come by. Our rents have a way to catch up to what our appreciation has experienced.  Like a lot of places in the country right now plenty of people want to move in, nobody wants to leave. Having said that I'm sure there are creative ways to find cash flow i.e. renting by the room, adding living structures to properties it is going to take out of the box thinking to make it work. Feel free to PM me if you have any more questions. 

Loading replies...