What are the best under the radar cash flow markets? I always see people recommend the same places; Kansas City, Memphis, Indianapolis, Birmingham, cities in Ohio, etc. What cities are hidden gems for cash flow investors?

@Tesho Akindele how far away from an urban hub are you comfortable with?

@Justin Polston that’s a great question. I’m sure a lot of the under the radar cash low markets are pretty far from an urban hub.

Personally I’m comfortable investigating any market. Even if it’s far from a big city

@Tesho Akindele if your looking for cashflow short term rentals is the place to be. I’m in Big Bear and my cashflow is insane. Insane like The last few months have been 5 figure profits for some of the places Per month. We started with just our own portfolio but we also manage for others now as well.

That's very interesting @Zachary Beach . I don't know much about short-term rentals, but I have heard people make crazy returns. I'd definitely be interested to hear more about how things are going for you and the people you manage for.

Originally posted by @Tesho Akindele :

What are the best under the radar cash flow markets? I always see people recommend the same places; Kansas City, Memphis, Indianapolis, Birmingham, cities in Ohio, etc. What cities are hidden gems for cash flow investors?

 Columbus, Ohio

@Remington Lyman never heard of it! I’ll check it out

@Tesho Akindele check out Toledo as well. Rents are increasing significantly here, which is definitely helping my personal portfolio. If you're investing from afar, you're going to want to stick with a "big city" that has multiple Property Management options for you as well. In Ohio, that's going be your 3 C's of Cleveland/Columbus/Cincinnati, Toledo, Akron, Dayton. 

Check out Birmingham, Atlanta, Indianapolis, St Louis, Kansas City, Memphis, Little Rock, Indianapolis, Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.

There are a lot of good cities in Ohio for cash flow. In Columbus, you can get both appreciation and cash flow. @Tesho Akindele

@Dave Poeppelmeier that’s a great point about property management. It wouldn’t be smart to be completely reliant on just one property management company in a small city.

Why do you want to invest somewhere that no one‘s heard of? It’s probably very rural with limited or no supply of property management and skilled trades.

@Michael P. I’m not necessarily looking for somewhere that “nobody” has heard of (even though that’s what my title says). But I’m looking for something like the 20th or 30th most popular city instead of the top 5.

@Michael P. Maybe even like the 50th most popular. Somewhere with a little less competition, but still large enough to have the infrastructure to support investors

@Tesho Akindele Houston, San Antonio, Amarillo, Columbus, and Birmingham AL.

Goodluck

@Tesho Akindele

South Bend, Indiana.

Great shout @Jonathan Hulen ! How has your experience been in that market? Feel free to PM me if you’d rather.

@Tesho Akindele I’ve been doing Airbnb in North Tempe and making 2x in profits every month. Airbnb is a cash cow if you know what you’re doing

@Joseph Mckenna I’ve heard a lot of great things about AirBnB. My only problem is I don’t want to manage an AirBnB. And from what I can see, getting a property manager eats up most of your profits. Do you self manage?

@Tesho Akindele

Homer, Alaska! Short housing shortage up here, in a heavy but steady growing tourist town. If you build a $400,000 four-plex you could cash flow $2000. That is if you get the location and rents right.

@Tesho Akindele my management company is  designed to make you more money than you could self managing our pay outs last month where about 2% rule for our properties at current market value of the properties. Only PITI and utilities have to be paid by the owner from that.

@Zachary Beach hey Zach, how’s the insurance costs up in the brush area?

@Taneli Fin it’s about twice as much as down the hill for the same value properties but it’s a much smaller percentage of the revenue as the properties we manage do 3-8 times what they would rent for as LTR’s per month depending on what time of year it is.

Hot Springs, AR; Rossville, GA; Rome, GA; Cleveland, GA

@Tesho Akindele small midwestern markets. Cheap real estate that cash flow really well.