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Updated almost 3 years ago on 12/31/2022. Most recent reply

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M EdouardPoster

First-Time Home Buyer

Best real estate market to invest 50K

M EdouardPoster

Posted December 22, 2022 06:29

Hi team,

I'm a NYC millennial just getting into real estate. I have about 50K saved and I would like to buy a MF in a good market to get a good return on cash flow. What are some good markets to look into? I am currently looking at Ohio, and Newark.

New York City, New York

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Remington Lyman

#4 Questions About BiggerPockets & Official Site Announcements Contributor

Real Estate Agent
Columbus, OH

Remington Lyman

#4 Questions About BiggerPockets & Official Site Announcements Contributor

Real Estate Agent
Columbus, OH

Replied December 22, 2022 07:39

Quote from @M Edouard:

Hi team,

I'm a NYC millennial just getting into real estate. I have about 50K saved and I would like to buy a MF in a good market to get a good return on cash flow. What are some good markets to look into? I am currently looking at Ohio, and Newark.

Newark is solid because of Intel