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Patrick Murray
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Best COC market for under $200k purchase price?

Patrick Murray
Posted

Hi all!

Things my first post on BP and I’ve loved geeking out on all of the different posts and different investing strategies.  

I started my search believing I’d get into STRs but now multi-family units are the most appealing to me for my entry to this world.  

Are there any markets that are getting true 20%+ COC returns for you all? I've been digging deeper into St. Louis and haven't found any yet once you factor in water/ sewage/ trash expenses. Starting to look into Cleveland too!

If so, please share what area and what your COC return is. Thanks so much!!





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1,213
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Travis Timmons
  • Rental Property Investor
  • Ellsworth, ME
2,496
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1,213
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Travis Timmons
  • Rental Property Investor
  • Ellsworth, ME
Replied

Ohio boys coming in 3, 2, 1...

I like midwestern college towns with a 400+ bed hospital for mid term rentals at that price point.

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