Investor, looking for Residential rental opportunities
I'm looking for good opportunities for residential real estate investments (Rentals!). Example would be $100K purchase price with $1,000 monthly rent at the minimum. Cap rate equal to 8% or greater. We have bought in Lincoln, NE, and immediately cash flowed there.
Looking for other locations to invest in, or to check out. Can anyone offer any advice or locations to look at?
Thanks in advance, excited to be here in BP!
Most Popular Reply
@Colan Scheidenhelm I'm from Lincoln and currently living in/beginning to dip my toes into the long term rental business in Columbus. So,
1) I'll echo Remington and Zeke's enthusiasm for the Columbus market. I feel fortunate to be local and am looking forward to continuing the majority of my investing in my backyard,
2) out of curiosity, what areas of Lincoln are you investing in, what types of properties have you bought, what have the numbers looked like? My parents still live there and I've considered the area as one I might explore down the road due to some familiarity.