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Updated about 2 years ago on . Most recent reply

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Wesley Berry
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How to Pick a Market?

Wesley Berry
Posted

Hey everyone!

I am taking the first steps to purchasing my first rental property in Texas. I plan on "BRRRR-ing" a small multi-family property which will cash flow.

The problem I am facing is deciding which market (or city) to pick. I find myself analyzing deals in random cities, but this takes a lot of time. I am hoping there is a faster way to pick a market.

Any advice on how to pick the right market? Or the best way to learn about a city's housing market?

P.S. If anyone just happens to have some insight on which city along the I-35 corridor has what I am looking for just as a starting point, that would also be greatly appreciated.

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28,186
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,283
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28,186
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Wesley Berry:

There are literally hundreds, maybe thousands of markets to invest in. Stop analyzing yourself to death. Find one that is affordable, low crime, good schools, and start investing.

  • Nathan Gesner
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The DIY Landlord Book
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