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Updated over 5 years ago on . Most recent reply

User Stats

22
Posts
11
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David Iniguez
  • Real Estate Agent
  • San Bernardino, CA
11
Votes |
22
Posts

Up and coming cities to build a rental portfolio

David Iniguez
  • Real Estate Agent
  • San Bernardino, CA
Posted

Hello All,

I am a realtor from southern california and managed to save funds and am looking to invest out of state. Ive been googling what cities to look out for where my money can go a long way and bring a return. I would appreciate if anyone o can tell me what cities you are currently investing in and any other ones i should have my eye on. I thank you in advance for taking the time out of your busy day to help me!

Most Popular Reply

User Stats

151
Posts
92
Votes
Gabriel Graumann
  • Real Estate Broker
  • Phoenix, AZ
92
Votes |
151
Posts
Gabriel Graumann
  • Real Estate Broker
  • Phoenix, AZ
Replied

@David Iniguez Employment controls growth for all areas. If jobs are being created in MULTIPLE industries, not just one or by one employer, the rest of the local economy reaps the benefits creating overall growth. Do your homework by tracking census data, jobs reports, and trends related to a 1,3,5, and 10 year intervals to see if a market is truly growing or not. Getting individual investors or members thoughts on a specific community is fine AFTER you have spent the time filtering the employment and growth data, but don't start with that. All you are getting is opinion without much if any actual research and data to support the opinions. If you liken it to stocks, I doubt you'd invest serious cash in a company simply because someone else said it was a "hot stock", you'd do you research to determine WHY it was a hot stock. Good luck.

  • Gabriel Graumann
  • Loading replies...