Out of state rentals

[Jordan Ryan]

Hello everyone, I’m new to bigger pockets. I usually just watch the YouTube but never actually came on the site. Pretty amazing what you all do.  I live in Boston where it’s getting harder and harder to cash flow nice. I’m so indecisive on what cities out of state to start looking for multis with cash flow.  Was wondering if there is any places you guys consider much better than the rest? Thank you in advance. 

[Sally Burns]

Kansas City is a great market. That's where I'm located, so I can provide info. if you want to chat - message me. Stable cash flow at 5%-8% NOI returns and great appreciation opportunity.

KC - Solid returns and a lot of growth. It's been a favorite of out of state investors for awhile now. Currently under construction and planned for completion prior to 2025 - new airport and KC Streetcar expansion to improve public transit. The royals baseball team is also planning to move to a downtown location, which will be huge for the city. The lease @ their current location is up in 2031, so it would likely be around then when the stadium construction is complete - its estimated to take 4 years.  

I've also heard good things about Tulsa, OK City, Indianapolis, Cleveland, and Little Rock.