Multifamily investors looking for acquisition opportunities might do well to follow the trail of coffee shops to hip, pedestrian-friendly neighborhoods full of young renters. “The culture surrounding the 'hipster' lifestyle has a major impact on local real estate markets, and mostly in a positive way,” says Daren Blomquist, vice president for RealtyTrac. RealtyTrac recently put out a list of the top 25 zip codes where apartment investors earn high yields and the ...
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