Which is the better city to invest in? Miami or Boca Raton

[Gina Stern]

I'm Looking to invest in a property to rent out. Which city is better for rental income. Miami or Boca Raton?

[Jim Hiler]

That's a very open ended question. I would say neither but it all depends on your investment goals and strategies. Buy and Hold for cash flow? Buy and hold for appreciation? Fix and Flip? 

Neither market is going to offer much cash flow...however you may experience some appreciation. I would consider that both markets are very cyclical and prices fluctuate a good deal depending on the phase of the market cycle we are in... Furthermore I think all would agree we are closer to the top of the market than the bottom.

I think you need to answer a few questions yourself first before you can ask the question of which market is better...