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Updated over 4 years ago on 04/22/2021. Most recent reply

100
Posts: 37
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Justin FranklinPoster

Rental Property Investor
Los Angeles CA

Buying & Selling Real Estate

Multifamily 1031 exchange

Justin FranklinPoster

Rental Property Investor
Los Angeles CA

Posted April 20, 2021 07:54

I’m looking to find a like-kind multifamily property in the $300-$375k range. What are the best markets for cash flow??? I’m currently looking in Cleveland, columbus, STL, and detroit.

Also need a reputable mediator!

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Zeke Liston

Real Estate Agent
Columbus, OH

Zeke Liston

Real Estate Agent
Columbus, OH

Replied April 20, 2021 08:33

Originally posted by @Justin Franklin:

I’m looking to find a like-kind multifamily property in the $300-$375k range. What are the best markets for cash flow??? I’m currently looking in Cleveland, columbus, STL, and detroit.

Also need a reputable mediator!

Hi Justin, I'm a big fan of Columbus. Cleveland will likely cash flow better than Columbus. Columbus will likely appreciate more than Cleveland. I can send over a recommendation for a good mediator.