Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
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 7 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Jessica Harriet
  • Brooklyn, NY
2
Votes |
7
Posts

Which? Seattle, Burlington, Minneapolis, Madison, Grand Rapids...

Jessica Harriet
  • Brooklyn, NY
Posted

Which of these is currently the best market for long-term buy-and-hold investing? What data should I gather to go about analyzing the question? Any personal experience living and/or investing in these markets? Thank you in advance for all your advice!

a. Seattle, WA

b. Portland, OR

c. Portland, ME

d. Burlington, VT

e. Minneapolis, MN

f. Milwaukee, WI

h. Madison, WI

i. Grand Rapids, MI

j. Traverse City, MI

Background: For a series of personal reasons, I need to relocate my family soon. I have a lot of flexibility in terms of where I can choose to live, and I've narrowed down the options to these nine cities or their metropolitan areas. An additional factor I would like to consider in my relocation decision is the potential I will have to build wealth through buying and renting out houses. For the sake of my query, please assume I have enough cash on hand to operate in any of these environments. Which would be the best choice for my pocketbook? For example, I would like to compare annual growth of jobs, population, home prices, and income across these markets but I don't know where to access these data for the last decade or so. 

Most Popular Reply

User Stats

3,740
Posts
4,490
Votes
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,490
Votes |
3,740
Posts
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

I live in Seattle

Our average home price is right about $700k. If you enjoy tying up $140,000 as a downpayment alone every time you buy then sure...it's great here. We have been hitting about 10% appreciation annual. But it's close to impossible to find cash flowing properties. 

business profile image
Kolodij Tax & Consulting

Loading replies...