Multifamily for Cash Flow - Outside of California

Multifamily for Cash Flow - Outside of California

Member since 2018 · 6 posts · 5 votes

I'm looking to invest outside of California for greater cash flow. Would love recommendations on growing markets (cities, neighborhoods, states) where I can find a value-add Class B/C asset. Any suggestions?!

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Investor · Austin · Member since 2018 · 51 posts · 22 votes
7y

 Davina I moved from California as well and bought a place when moving out here. There are a lot of great places in Austin in the B/C range that are very attractive in price & cash flow comparative to California. I like the entire !-35 corridor or duplexes in Austin. Most of the quadplexes are usually in a little less desirable neighborhoods. 

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  • Investor · Austin · Member since 2018 · 51 posts · 22 votes
    7y

     Davina I moved from California as well and bought a place when moving out here. There are a lot of great places in Austin in the B/C range that are very attractive in price & cash flow comparative to California. I like the entire !-35 corridor or duplexes in Austin. Most of the quadplexes are usually in a little less desirable neighborhoods. 

  • Member since 2018 · 6 posts · 5 votes
    7y

    Thanks @Mark Anderson. I am looking for 100 units or more FYI. 

  • Rental Property Investor · Dallas, Austin · Member since 2018 · 246 posts · 213 votes
    7y

    You can’t go wrong in Texas compared to Cali.  I can’t speak for other states though.  I am currently keeping my eyes on a 94unit complex.  Networking with the right people and weeding out the plethora of people that send you deals to look at is the key. 

  • Real Estate Agent · Austin, TX · Member since 2017 · 24 posts · 7 votes
    7y

    Matt at TRE has been extremely helpful in finding rentals. I highly recommend reaching out. 

  • Member since 2018 · 6 posts · 5 votes
    7y
    Originally posted by @Zac Maurais:

    Matt at TRE has been extremely helpful in finding rentals. I highly recommend reaching out. 

     Hi Zac, can you please put me in touch with him?

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