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Updated over 3 years ago on . Most recent reply

User Stats

14
Posts
8
Votes
Ryan A Shumaker
  • Rental Property Investor
  • San Diego, CA
8
Votes |
14
Posts

Cashflow and Appreciation... Can they Coexist in CA, AZ, NV???

Ryan A Shumaker
  • Rental Property Investor
  • San Diego, CA
Posted

I am based in San Diego and I am looking to invest in a market outside of my area. I would like to find a market that is (at least minimally) cash flow positive from the jump, but I am also very interested in appreciation. Am I looking for a unicorn? Or are there markets where this exists in CA, AZ, and/or NV?? Thanks in advance for the help!

Most Popular Reply

User Stats

259
Posts
153
Votes
Luke Trovinger
  • Realtor
  • Denver, CO
153
Votes |
259
Posts
Luke Trovinger
  • Realtor
  • Denver, CO
Replied

Hey @Ryan A Shumaker! I am not in the markets you mentioned here, but live in Denver which is also seeing some crazy appreciation lately. Something that you could look into would be renting by the room. This method will likely give you higher cashflow than a traditional rental. Since you'll be out of state, you'll want to be sure to link up with a property manager that understands rent by the room, and make sure that you follow local laws regarding unrelated tenants (unrelated occupancy). This will likely vary city to city, but is usually easily found via the city or county's website. Renting by the room is a great way to capitalize on that appreciation while also being able to cashflow.

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