Multifamily // Cash Flow & Appreciating Markets

[Joy McQueary]

First time investor here! I am in the research process for a multi-family unit. My primary goal is cashflow so looking for an asset that works and is also in a growing area.

What are your tips on finding and evaluating areas to purchase? What are the current markets you recommend and why?

[Sam McCormack]

Quote from @Joy McQueary:

First time investor here! I am in the research process for a multi-family unit. My primary goal is cashflow so looking for an asset that works and is also in a growing area.

What are your tips on finding and evaluating areas to purchase? What are the current markets you recommend and why?

 There are tons to choose from! First off, your own backyard. 1, you know it best and 2 you can manage the property yourself, and learn about property management. But if you are not in market to do that, I would recommend Ohio. Check out population growth charts, jobs, etc in these areas. 

And as well as that, ask around like you are now! There will be a lot of agents advertising their market, and while this can be annoying, it can also be helpful when searching for areas to look in. 

I am in the Cincinnati, OH and Northern Ky market. If you have any questions about going forward looking for a market, or have questions about my own, let me know how I can help you best