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Updated over 5 years ago on . Most recent reply

User Stats

254
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47
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Daniel Mendez
  • Investor
  • Dallas, TX
47
Votes |
254
Posts

Newbie here: Best cities for multifamily investing

Daniel Mendez
  • Investor
  • Dallas, TX
Posted

Good evening BP,

I am a new investor and trying to purchase my first multifamily rehab property. 

I have done a lot of research in regards to where I should invest. So far, I am thinking of Columbus Ohio and Indianapolis Indiana.

Does anyone have any other suggestions on what cities are best for multifamily homes?

  • Daniel Mendez
  • Most Popular Reply

    User Stats

    149
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    141
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    Amy Heitner
    • Specialist
    • Huntingdon, PA
    141
    Votes |
    149
    Posts
    Amy Heitner
    • Specialist
    • Huntingdon, PA
    Replied

    Hi @Daniel Mendez,

    I got some great tips from a recent podcast with investor John Casmon. He recommended a site called datausa.io where you can punch in the city and instantly get fantastic data from population to poverty rates. You can do direct comparisons with another area. The detail is awesome, stats about employees, growth, economy, wages, wage distribution etc. Awesome resource, check it out.

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