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Updated over 3 years ago on . Most recent reply
Looking for location for my first multi-family investment
Hey, all!
I'm about to buy my very first single family or a multi-family. Looking for cash-flow, mainly, and also buying more houses in the same area. Here are my ideas for places to invest, based on my market analysis. Which one of these places you'd suggest and why? This info would be super-helpful for me! Thank you in advance!!
Cleveland, OH
Memphis, TN
Louisville, KY
Milwaukee, WI
Little Rock, AR
Most Popular Reply
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@KC Elkun, In Wisco Milwaukee (Mke) is a good market for BRRR and cash flow. There are definitely some good neighborhoods and ones to steer clear. I would consider reaching out to @Rebecca Knox and joining her active and amazing FB group called Brew City REI for more info on neighborhoods. There are other markets in Wisco that are good for BRRR and cashflow. Racine (suburb of Mke) and Beloit are probably top. Watertown is a good BRRR market. Kenosha is still an okay market but prices have increased lately. If you any Wisco questions that aren't Mke specific, please feel to reach out to me. I'm an open book.
I have heard some murmuring on OH but I can't speak for the Cleaveland market.