Tool to help out of state investors pick a city

Tool to help out of state investors pick a city

Rental Property Investor · New York, NY · Member since 2017 · 11 posts · 4 votes

Hi all -- long time lurker, first time posting!

I noticed that many new out-of-state real estate investors have the same question: What city should I buy in?

I think there are a few useful tools to help compare houses once you've picked a city, but only vague rumors or opinions on which city is best to invest in.  So, I put together some data that maybe helpful if you are starting out, or perhaps even looking to choose the next city you buy in: 

https://bestinvestmentcity.com/compare

Right now its just a list of the top 100 US cities by population, along with some useful data about the real estate market in each.

Its a side project for me, so give it a peek, and let me know if you love it/hate it, and most importantly what I can do to make it more useful.

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  • Real Estate Agent · Coeur d'Alene · Member since 2019 · 6 posts · 0 votes
    7y

    This is a fun list you've put together.

    A lot of useful information. I am not sure if I saw it all correctly, but if you were to add anything maybe a population statistic.

    Thanks for sharing!

  • New York, NY · Member since 2019 · 10 posts · 12 votes
    7y

    This is great. I imagine that putting historical and comparative data into a dashboard-like tool would generate a lot of interest here. My only suggestions would be to start with a "US Average" line and add data other key socioeconomic data (median salary, % with bachelor's degree, etc.).

    Also, Toledo is on there twice.

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