How to choose OOS locations?

[Taryn Allen]

Hi there, 

New to real estate investing (thinking about landlording) and trying to choose which city to invest in. I am looking in larger cities like Texas (Houston, Austin, Dallas), Chicago, Atlanta or closer to home in Jersey City. What are your thoughts on these markets? How did you decide? Do you have any links, videos, articles, you read/watched to analyze the data accurately? Any advise is greatly appreciated.

[Taylor L.]

Look at the economic indicators first. Which cities are demonstrating the best economic and population growth? Which have economic/industry diversity? 

Once you've obtained that data, research landlord-tenant laws in those areas. We prefer to invest in areas with amenable legal environments.

Try to narrow it down to 1, maybe 2 markets at first. If you are already familiar with any markets, that is a great place to start looking.