Cleveland vs Los Angeles?

[Gabriel Cespedes]

Many investors focus on appreciation, while others prioritize consistent monthly cash flow.

Markets with lower purchase prices often provide stronger rent-to-price ratios, while higher-cost markets may offer stronger appreciation over time.

When comparing different markets, I usually look at:

• Monthly cash flow

• Vacancy

• Operating expenses

• Financing

• Long-term appreciation

For investors who own rental properties:

How do you balance cash flow versus appreciation when choosing where to invest?

[Tim W.]

I try to balance both. But above all else, I stay in landlord friendly states. I would Never invest in a LA or NYC. Rent control may help values, but life's too short to deal with that stuff. And if you have to deal with an eviction, you'll be thankful to be in Ohio over California