How do you still find cashflow in this market?

[Andrew Freed]

Personally, I find cash flow in tertiary markets that are heavily concentrated in multifamily properties outside major metropolitan areas. For instance, I invest in Worcester MA and the surrounding areas which is a tertiary market to Boston. Around my area, you can still find properties with decent appreciation liklihood while still hitting the 1% rule. If I was moving to another market, I would focus on tertiary markets outside major growing metropolitan areas with a large concentration of multifamily, preferably at least an hour away at most. It's easier to find a cash flow multifamily when there are more supply of that asset class. That is how I seek cash flow in this market.... how do you? 

[Jonathan Bombaci]

I think that’s a great strategy. We like to follow the commute and target the path of progress. From Boston along 90 west makes sense, hitting Worcester, from Portsmouth NH along RT16 East makes sense. We place a lot of bets using this strategy and it’s paying off with market rents grossly outpacing our projections.