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Updated 5 months ago on . Most recent reply

User Stats

26
Posts
10
Votes
Ian Russell
  • Real Estate Investor
  • San Jose, CA
10
Votes |
26
Posts

Looking for best cities for Multi family investing, can I still get the 1% rule anywh

Ian Russell
  • Real Estate Investor
  • San Jose, CA
Posted

Hi I am looking for a new place to invest, I like multi family 2plex- 4 plex but would potentially do something bigger.   Currently have properties in Spokane,Wa, Caldwell, Id, Reno, NV, Little Rock, and Benton Arkansas.   The only place that seems logical at this point is Arkansas since the values have gone up so much in the other places.   Im looking for anywhere that I can get close to the 1% rule.   I am not as much interested in appreciation as I am cash flow.  Have 5-600k to spend and would like something to yield over 5000 a month.  Any ideas let me know thanks

Ian

Most Popular Reply

User Stats

814
Posts
929
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Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
929
Votes |
814
Posts
Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Ian Russell:

Hi I am looking for a new place to invest, I like multi family 2plex- 4 plex but would potentially do something bigger.   Currently have properties in Spokane,Wa, Caldwell, Id, Reno, NV, Little Rock, and Benton Arkansas.   The only place that seems logical at this point is Arkansas since the values have gone up so much in the other places.   Im looking for anywhere that I can get close to the 1% rule.   I am not as much interested in appreciation as I am cash flow.  Have 5-600k to spend and would like something to yield over 5000 a month.  Any ideas let me know thanks

Ian


Hey Ian! Consider the Columbus market. It's seen huge growth in the last 3-5 years, with major companies like Intel, Amazon, and Google investing heavily.

Work with an investor-friendly agent using cold outreach methods to find off-market deals at 70-80 cents on the dollar.




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