What Cities to Invest In [Archive] - Real Estate Insider Forum
 
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HKKenny
12-12-2006, 12:31 AM
I'd like to get your opinion of your local real estate investment market. I'm specifically interested in
Multi-Family rental property but would love to hear about other investments as well.
I want to generate Cashflow. I'm not trying to do anything fancy. I simply want to buy multi-family homes
with 10-20% down and receive a decent return on my investment. My local market (Atlanta) is becoming
extremely difficult to generate a positive cashflow without more than 20% down or significant investment
in rehab.

David
12-12-2006, 11:56 AM
Around here the problem is a two family might run you $400,000 and from what I've seen most smaller investors are just buying one family houses since they can rent them for a premium. In other towns in New Jersey there are some really great buys on multi-family units, but the distance is something that makes me not want to invest down there.