If You Could Move Anywhere...

[Travis Grossi]

Hi Guys - 

I'm brand new to real estate investing, but have the opportunity to move to (almost) anywhere in the country next summer -- or stay put in Newark, NJ. My goal is to buy our first multi family (live in one unit, rent out the rest) by then, and was wondering what the best markets for this would be. We love Denver and California, but I don't yet know that much about those markets for buy-and-hold investing. What do you guys think? If you could start your real estate investing anywhere right now, where would you go? 

Thanks!

Travis

[Mike D'Arrigo]

@Travis Grossi California is a great place to live but a terrible cash flow market for a number of reasons. Prices are so high nothing cash flows plus, the landlord/tenancy laws are very landlord unfriendly. My advice is to live where you want but invest where best. I like Indianapolis and Kansas City for cash flow. I've analyzed 40 markets on their economic and demographic trends combined with housing affordability and ROI and both come up very favorably. Feel free to contact me for more details if you want.