Low cashflow, High Appreciation Locations

[Jack Brennan]

Hello everyone, I'm a 25-year-old planning to make a move from Ireland to the US by the end of this year. Currently, I own long-term rental property in Ireland that generates good cashflow and appreciates nicely, but the lending restrictions here are very tight. Therefore, I am considering expanding my portfolio in the US to take advantage of potentially higher appreciation and more favorable lending conditions.

Given my age and willingness to relocate anywhere, I'm seeking advice on which US cities offer the most potential for long-term rent cashflow, significant appreciation, and opportunities to BRRRR. I have looked into markets surrounding cities such as Houston, Dallas, Tampa etc. but without any local knowledge it is difficult to judge their potential.

I understand that each market is unique and studying the local dynamics is crucial, I want to prioritise areas where I can at least break-even on long-term rent. I am particularly interested in markets where there are promising indicators for future appreciation. Factors like population growth, job opportunities, rental demand, would be significant considerations for me, if any of you have any insight or personal experiences you'd be willing to share, I love to connect with you.

Also if anyone has any specific questions about the Irish property market or needs assistance regarding investments in Ireland, I would be more than happy to share my knowledge and help based on my experience.