Is Little Rock, AR a good rental market ?

Question

Hi,

We are looking to buy our first investment property in

Little Rock, AR ? Is this a good place to target for and what are the pros and cons of this market ?

Please let us know if we need to consider any specific things.

Hadar Orkibi · Answer

@Shubhashini Shivaprasad its a good cash flow market, less of an appreciation market.

what are you looking to buy, single family, multi family or commercial real estate?

There are areas that I wouldn't buy in Little Rock, especially if you are out of area.

@Dan Johnson you can do much better then 1%, if you buy bellow that and buy in C-B type locations you are paying to much...

Dan Johnson · Answer

Hi Shubhashini,

Yes Little Rock is a good place for investment property. You can hit the 1% rule in most cases. It is a stable market. It's best to invest for cash flow rather than appreciation. There are several good property management companies for you to utilize as well.

Hadar Orkibi · Answer

@Greg Gaudet interesting, Maui to AR.. is big different... I think it rally depends on your strategy, if you are after capital growth, cash-flow or Air B and B.

Greg Gaudet · Answer

From what I see it’s a great cash flow market but stay out of the war zones.

I almost invested there bc I thought Maui was too expensive but I’m glad I stayed in my own market.

Is Little Rock, AR a good rental market ?

Is Little Rock, AR a good rental market ?

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