Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

16
Posts
25
Votes
Alex Nauth
25
Votes |
16
Posts

Best city in the US to buy quadplex for under $500k?

Alex Nauth
Posted

I work remote and can work anywhere in the country so I'm looking to buy a quadplex anywhere in the US that makes the most sense. For now I'm more concerned about cash flow than appreciation, but open to anything anywhere. I know the I know with the sub $500k price limit it'll probably be somewhere in the midwest. I would prefer turn-key and open to LTR or STR (currently have 3 STRs).

If you are an agent that works with investors in a market that has quads, sub $500k, with at least a 10% cap shoot me a message!

Most Popular Reply

User Stats

143
Posts
183
Votes
Peter Dorinsky
  • Real Estate Agent
  • Columbus, OH
183
Votes |
143
Posts
Peter Dorinsky
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Alex Nauth:

I work remote and can work anywhere in the country so I'm looking to buy a quadplex anywhere in the US that makes the most sense. For now I'm more concerned about cash flow than appreciation, but open to anything anywhere. I know the I know with the sub $500k price limit it'll probably be somewhere in the midwest. I would prefer turn-key and open to LTR or STR (currently have 3 STRs).

If you are an agent that works with investors in a market that has quads, sub $500k, with at least a 10% cap shoot me a message!

Cleveland, OH is a great option if you're looking for a sub 500k quad that will cash-flow as an LTR. There are some other tertiary markets in Ohio as well that you might be interested in. If you're open to STR and even MTR, I'd say Columbus, OH is also worth looking into. Columbus is home to major hospitals such as Riverside, Nationwide Children's, and Ohio State's Wexner Medical Center. Many travel nurses and other professionals in the medical field travel to Columbus for work. 

Loading replies...

1 2