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Updated 5 months ago on . Most recent reply
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Looking for best cities for Multi family investing, can I still get the 1% rule anywh
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
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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.
- Alfath Ahmed
- [email protected]
- 614-802-5698