Best Cities for Cashflow Rentals?
My wife and I are looking to get started as real estate investors. We live in California and it’s to expensive here to cash flow.
What's are some of the BEST CITIES in the USA to purchase SFR or Condo rental units that can still CASH FLOW?
At the moment we are considering Huntsville Al and Al Paseo, TX
But what other places should we be considering?
Thanks!
Most Popular Reply
Athens, AL (college town next to Huntsville) is a gem. You can still get cash flow in both cities. I've also recently bought in South Carolina and lots of cities there still work. Most of Georgia still works, from Atlanta to Valdosta. Tulsa, OK still works, and so does Waco, TX. These are all great markets with growing economies for the most part. Baltimore still works, but be careful. Lots of shoddy rehabs and bad neighborhoods. You can go further North and find cash flow, but with older homes, it just takes one bum HVAC or overlooked plumbing issue and you'll lose most your cash flow for that year. Not saying don't go for it, but be careful with older homes if you're just getting started and out of state. Good luck and reach out any time!