Los Angeles, CA · Member since 2014 · 27 posts · 2 votes
Hi all, I'm looking to buy my first multi rental and am curious to know, which markets yield good cash flow for lower purchase prices? I currently live in LA and cannot afford anything around here. Any advice is appreciated. Thanks!
Investor · Aurora, CO · Member since 2016 · 114 posts · 112 votes
9y
Hi @Anthony DiRico, this topic has been discussed ad nauseam here in BP. There are tons of locations in the midwest and southeast that offer lower entry points for RE, such as:
Birmingham
Nashville
Memphis
Indianapolis
Cleveland
Kansas City
Oklahoma City
Houston
Parts of Atlanta
Chicago
The list goes on and on, as this does not even touch smaller metro markets like Topeka KS, Des Moines, IA, Buffalo, NY, etc. You can search the forums for the many threads on this topic, and find an area that suits your investment strategy.