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Updated almost 3 years ago,
How to narrow down locations?
Hi all,
Im having a difficult time narrowing down our next location to invest in. I have 12 locations ranging from Columbus, OH to Winston-Salem/Gastonia, NC to San Antonio, TX and a bunch in between. Im in Northern NJ, so investing close by isn't an option (nearest spot on my list is Pittsburgh but that's still 5 hours away). What specifics is everyone using to compare locations aside for pop, pop growth, avg rent to home prices... Also, where are you finding this data? I found a decent amount on city-data.
It's just super overwhelming at this point, I'm getting analysis paralysis over here and just want to make a move. I want decent cash flow as well as growth just like most here. Im likely leaning towards a multi, but still open to sfh in a portfolio deal.
Thanks all