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Updated 3 days ago on . Most recent reply
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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SFR in an Emerging Market outside of Minneapolis
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
If you're investing in real estate, are you buying for cash flow, or are you buying for appreciation? Are you buying rental properties to subsidize your current income? Or, are you buying rental properties to grow a massive net worth in the future? Depending on what you are trying to accomplish, you're going to need to buy very different types of rental properties. If long term wealth growth is your goal, you shouldn't be buying houses in cheap cash flow markets like Cleveland or Detroit. If legacy wealth is what you want, you shouldn't be focused on low end Section 8 housing. If you want to see your investment grow over time you need to focus on high quality properties in emerging housing markets. During this episode of The Investment Properties For Sale Show our friends at Rent To Retirement are providing investors with the opportunity to buy new construction homes in Cambridge, Minnesota. Cambridge is a rapidly growing town on the outskirts of the Minneapolis housing market. This is the perfect type of town for those investors who are more interested in creating long term wealth than seeing a couple hundred dollars a month in cash flow.
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Like what you see in the video from my buddies at Rent To Retirement?
Want to buy this property? Have additional questions?
You can hit up @Zach Lemaster here on BP, text REI to 33777, or you can reach out to the rest of the Rent To Retirement team on their Website or Socials below.
