Which markets still cash flow positive?

[Dan P.]

Hi BP world! I am looking to purchase my first residential multi-unit investment property, would prefer a tri-plex or 4-plex, but would be open to more units. I am located in the San Francisco Bay Area, and there is literally (close to) nothing that will cash flow positive right off the bat. I'd like to start investing, but I don't want to play the market timing game and potentially wait years until we see a dip in prices locally.

I have considered Fresno, Sacramento, and Phoenix because I am familiar with all of those areas. Any thoughts on those? What other markets should I be considering? Thanks in advance!

[Engelo Rumora]

Originally posted by @Brian Adzadi:

@Dan P.

The West Coast is untouchable right now, so is the East Coast. So if 2 opposing sides are untouchable, be like King Solomon and split it down the middle. In other words, the Midwest. They were devastated by the housing crash of '08-'09, so the housing stock is relatively cheap. I see multi-families going for 30-60K, that's unfathomable in either coasts. Look up big cities in Ohio, Indiana and Illinois. If anything, contact @Engelo Rumora to find out how well he is cash flowing in that region. 

Thanks Brian,

I'm like a kid in a candy store lol

I won't get out of bed for anything less than 15% net ROI

Much success