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Updated about 7 years ago on . Most recent reply

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Joanna Golden
  • Rental Property Investor
  • Dobbs Ferry, NY
16
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48
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inexpensive multifamily markets with strong rental cashflow

Joanna Golden
  • Rental Property Investor
  • Dobbs Ferry, NY
Posted

What would you say the best U.S markets are currently to buy multifamily units under 40K with strong cashflow/rental markets?

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,956
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29,073
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Joanna Golden:

What would you say the best U.S markets are currently to buy multifamily units under 40K with strong cashflow/rental markets?

 In 2013 there was decent multi family cash flow opportunities under $40k. That period is over though. Here in 2018 the market has rebounded. Any multi family that is priced under $40k will be in a distressed or high risk neighborhood. If that's what you are into there are ton of high risk D class opportunities in Cleveland.

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