Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

50
Posts
43
Votes
Vivan Bhalla
  • Developer
  • Newport, NJ
43
Votes |
50
Posts

Help needed in deciding a market!

Vivan Bhalla
  • Developer
  • Newport, NJ
Posted

Hi everyone,

Very recently I made a post on the forums as I have around 50k$ saved and looking to start out. My aim with that post was to get some idea on how I can proceed and which market should I buy in. My long term goal is to have enough cashflow to retire and then never worry about 9-5 (Goals of a lot of other people). Few things that I learned from the very initial posts and some of my questions:

1. One market that has been popping off a lot is Ohio. A lot of people are giving me good advice about the Ohio market. Is this the next famous market? 

2. Famous markets like AZ, FL, Texas are not being mentioned by anyone. I guess they are saturated?

3. STR is also looking as being saturated. People prefer getting into long term rentals as a way to make stable and sure income. Would need someone to comment on this?

I am considering Ohio, Oklahoma city, Pittsburgh and SLC. I have friends living in Ohio and Pittsburgh and can use their help with stuff. I have a real estate agent whom I know from a long time in Oaklahoma city and that is why I am considering it. SLC came in my search and I have just kept it in mind. I know no one there though and have never been. What do you guys think from the markets I have? How should I choose one?

My journey resembles a lot of REI journey and with these post I aim to teach others on how they can do the same (once I achieve my goals).

TIA

Loading replies...