Median asking prices in 2024 are at $734,950, an increase of about $35,000 from last year.As small multi-family investors in Queens and Nassau get outpriced, they, like traditional homeowners, tend to travel East or North.

Hey there,I am a business owner, located in Europe, and I am looking for a person who is just like me, a newbie investor, who has not invested yet, but has a lot of passion, drive and any business experience to invest (through syndication) in multifamily properties in USA (south, south east and south west).I have been involved in business ventures in the last 5+ years while working in various sectors, including marketing, aerospace and defense and e-learning.

I figure even if I invest, and it’s a failure, I’d at least have an amazing place on the East coast to visit.i would love to hear more from you. 

The other two are Class C on the East side of Indy bought in 2023 at $130,000 and $132,600.  

Here are pockets I focus on for cash flow:West side - West boulevard, Cudell, Clark-Fulton, Jefferson, Bellaire-Puritas, Old BrooklynEast side - Fairfax, Buckeye-Shaker (the north side), Waterloo Arts District, Garfield Heights, Maple Heights, Newburgh Heights, Lee-Miles (the north side), BedfordHere are the areas that I focus on for appreciation:West side - Lakewood, Edgewater, Old Brooklyn, Ohio City, Tremont (above 490)East side - Buckeye-Shaker (the north side), Waterloo Arts District, Fairfax*I have a graded neighborhood map of these areas as well if you would like to check it out.

WE have to keep in mind also that each state is different in how they operate with regard to public records.. out east in the states were folks still need a title abstractor title work is completely different than the west coast were most title plants have been moved off shore..

Being east of Aramingo in Port Richmond is an entirely different world than Kensington Ave/the letter streets. 

Hi @Asia Jones!

Bob is right that you can get better cash flow on the east side, but I still see deals pop up over there from time to time and I don't see any rapid depreciation in those neighborhoods coming any time soon and I think if your strategy is to buy and hold in nicer areas with less risk, it's a very good area to target.

The rental market is strong too, especially in Midtown and East Memphis, with low vacancy rates and a 5% rise in rental prices.