Patrick Flanagan
OP
Property Manager · Prineville, OR · Member since 2016 · 261 posts · 166 votes
5y
@Danté Belmonte
Thank you so much for the response! I’m looking to buy my next 4 plex in about 4-6 months. Would you mind if I connect with you and ask a few questions?
11 Reply
Jeffrey Donis
Investor · Durham, NC · Member since 2020 · 1k+ posts · 691 votes
5y
the Triangle NC market is hot right now! Lots of businesses moving here and it's been developing rapidly over the past few years.
13 Reply
Peter Nikic
Investor · New York & TN · Member since 2019 · 325 posts · 219 votes
5y
do you own properties in any or all of these markets?
I was in knoxville recently, I liked it.
4 Reply
Patrick Flanagan
OP
Property Manager · Prineville, OR · Member since 2016 · 261 posts · 166 votes
5y
@Jeffrey Donis
Great I’ll look in that area thank you
1 Reply
Patrick Flanagan
OP
Property Manager · Prineville, OR · Member since 2016 · 261 posts · 166 votes
5y
@Danté Belmonte
Sounds good I sent you a message
1 Reply
Alex Olson
Real Estate Broker · Kansas City Metro · Member since 2015 · 2k+ posts · 1k+ votes
5y
@Patrick Flanagan of course I am bias towards Kansas City but it really is a great market. Recession resistant to say the least as it relies on no single job sector to propel its growth. Mean, it will be around forever and the lows will be mild with still good upside on appreciation due to inflation etc...hope that helps!
7 Reply
Corey Hawkinson
Rental Property Investor · Bloomington, MN · Member since 2019 · 404 posts · 542 votes
5y
@Patrick Flanagan I see Minneapolis on your list. Just curious, what makes you put that in your top 7?
5 Reply
Andrew SyriosPro Member
Moderator
Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
5y
Really depends on whether you're looking for appreciation (places like Phoeneix would be better) or cash flow (KC and St. Louis would be better). Although everything is really expensive these days.
Podcast Guest on Show #121
4 Reply
Saunya Wenger
Accountant · TN · Member since 2020 · 23 posts · 19 votes
5y
I’m in Knoxville and I love it here, but I’m Not finding any deals in my price range that will cash flow well. I’ve expanded my search to an hour radius, but then the rent rates drop off. From what I’ve seen here lately, most houses are selling fast and above asking price. It’s compelling me to look further away.
One tip I got from a local realtor is that nearby Oak Ridge, TN has better options for multi-family compared to their single family homes. It’s a technology hub with a national lab in the city and the public schools are good there.
5 Reply
Patrick Flanagan
OP
Property Manager · Prineville, OR · Member since 2016 · 261 posts · 166 votes
5y
@Andrew Syrios
I’m looking for cash flow, do you invest in those areas. Midwest is no where near the prices in Oregon. I just got a deal on a 4 plex that was 750k, I’m cash flowing on it and it will appreciate pretty nicely
2 Reply
Patrick Flanagan
OP
Property Manager · Prineville, OR · Member since 2016 · 261 posts · 166 votes
5y
@Saunya Wenger
Do you have a realtor that you recommend I get in contact with?
0 Reply
Wala Habiby
Real Estate Agent · Knoxville, TN · Member since 2020 · 79 posts · 29 votes
5y
@Patrick Flanagan happy to talk to you about the local Knoxville market if you would like to connect.
2 Reply
Justin Tuggle
Greenville, SC · Member since 2019 · 2 posts · 3 votes
5y
Here's a great tool to see which states are seeing inbound and outbound migration over the years: https://www.unitedvanlines.com...
3 Reply
Mike Lee
Investor · Tampa, FL · Member since 2017 · 123 posts · 109 votes
5y
Syracuse and Kansas City are two markets that came up recently in a chat with a California based investor I met. He was looking at both markets, and had 2 properties under contract I believe in KC.
1 Reply
Alice Moore
Member since 2021 · 1 post · 0 votes
5y
@Danté Belmonte
Do you have an Agent in Syracuse, or do you live there t search for yourself?
0 Reply
Angela Black
Member since 2021 · 5 posts · 4 votes
5y
@Danté Belmonte I'm interested.
0 Reply
Zahid Ali
Insurance Agent · Ozone Park, NY · Member since 2018 · 17 posts · 7 votes
5y
@Danté Belmonte I am from downstate NY and was curious to know about where to look in Syracuse? Do you have any recommendations for decent areas with demand?
0 Reply
Jay Yoo
Investor · Seattle, WA · Member since 2019 · 139 posts · 54 votes
5y
@Patrick Flanagan just wanted to make a generic comment here. Investing in real estate out of state should be throughly researched than just a projected cash flow. Hope people can google first “how to find a market for real estate” and go thru all the xyz variables before jumping on!
Feel free to connect me via DM if you want to network!
1 Reply
Xiomara Davila
Rental Property Investor · Brooklyn, NY · Member since 2020 · 33 posts · 8 votes
5y
@Danté Belmonte I’ve been looking in the upstate ny area a lot recently, particularly rochester ny & Buffalo. Syracuse is a great area as well, any particular areas that are best for duplexes?
3 Reply
Brad KeyesPro Member
Investor · Kentucky Tennessee, MO · Member since 2021 · 9 posts · 5 votes
5y
@Saunya Wenger
I’m am currently closing on the 23rd on my first Knoxville project. As an out of state investor I would love to make new contacts in your area. If I can help you in anyway please let me know.
0 Reply
Brad KeyesPro Member
Investor · Kentucky Tennessee, MO · Member since 2021 · 9 posts · 5 votes
5y
@Patrick Flanagan
Susan Calabrese. She has a great wealth of knowledge and an amazing team.
1 Reply
William Coet
Lititz, PA · Member since 2013 · 595 posts · 272 votes
5y
It's doubtful that Syracuse is an appreciation play.
1 Reply
Stephen SchmittBusiness Member
Real Estate Agent · Liverpool, NY · Member since 2019 · 111 posts · 72 votes
5y
@William Coet Syracuse is not an appreciation play, but it is a very good cash flowing area. I just closed on a two family for $55k that is in good shape, good tenants and rents are $1500/month. I also have a 2 family for $100k in a good area making $1950 a month, and another bought for $65k making $1450/mo. We do have older housing and higher taxes but we are getting 30% COC returns.
We did have appreciation finally this past year due to lack of supply. Downtown Syracuse has also been improving greatly over the past 8 years. Hopefully that continues and hopefully we get a new governor.
[email protected]315-457-7170
Stephen Schmitt51 Review
Website View Page
9 Reply
Paul Choi
Rental Property Investor · San Ramon, CA · Member since 2017 · 350 posts · 611 votes
5y
Sacramento, Spokane, Phoenix, Kansas City and a few more. Great markets for 20-100 unit multifamily properties and 300+ unit self storage which is what I focus on.
4 Reply
Ken Gee
Investor · Tampa, FL · Member since 2021 · 27 posts · 29 votes
5y
Central and northern Florida. Specifically:
Tampa/Clearwater/St. Pete.
Orlando
Jacksonville
Basically, the I-4 corridor and up I-95 to Jax.
Those markets are growing like crazy and people are making a ton of money!
That's where we invest.
Good luck!
Ken
2 Reply

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