All Forum Posts by: Tomasz S.

socialexplorer.com is good source for demographic research. 

@Justin Owens, are you sharing the beds?

@Neil Patel This is very helpful thank you!

@Lelith Walker I should have been more clear. What I don't like about Chicago is decreasing population.

@Joseph Gozlan Is hard to follow many markets. I like to focus on 1 only and learn it well. At this point I am in comfortable position to choose one with best perspectives. There are many considerations like population and job growth, salary growth, costs of doing business, median home prices, housing affordability, rent vs ownership ratio, vacancy, rent growth, etc. Maybe my question was general but there are for sure places with better perspectives than others so I appreciate feedback/experience with these markets. Not sure what else you are looking for. I am looking for good cash-flow ( 10 or more cap rate) and appreciation perspective in next at least 5 years. I should have made more research myself but I haven't, partially as it needs figuring out all the data. Local perspective is great addition. And yes if I find right team I would be ok to invest remotely. 

Hi @Account Closed I will need to use financing. I am out of state so I need to find local team to find deals, possibly renovate and manage.

I would like to choose best market for MF investment (5-20 units) and I am down to Atlanta, Orlando and Jacksonville. But I am also considering Tampa, Chicago, Indianapolis and Cleveland. These would be my secondary choices due to less potential for appreciation and rental growth in my opinion. Any thoughts are appreciated. My first goal is to choose the market and than I would like to focus on finding deals.

This is great info. Thanks James.

Hi Gary, send it over. Thank you.

Thank you all and I apologize for not enough info. I am looking for a partner to buy properties together. Then, we can decide on a particular market, find agents, property managers and start looking for deals. So far, I have invested in 2-4 multifamily, but I am considering 4+ as well. I am looking for cap rate in a range of 15 and above, buy and hold mostly. 

I am interested in cities with good potential West Palm Beach, Chicago, Cleveland, etc. I have 10 years of experience in real estate, but it is not my full time profession.