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Updated almost 5 years ago on . Most recent reply

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Bryce Deeney
31
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40
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If you could magically move all of your properties...

Bryce Deeney
Posted

Let's play a little "which market is the best" game! Okay so here's the rules.

  • When you answer the question below, you are moving the total asset value to the new city / state, not the number of doors or actual property. You are not moving a 3 bed 2 bath 1800 sq ft home from St Louis and dropping it in Santa Clara... you are moving the same value of your real estate property to a different market.
  • Example 1: I own 2 properties in Scottsdale, but would love to instead own 20 properties in Detroit, MI for Cash Flow purposes.
  1. Example 2: I own 3 multi unit properties in Seattle, but would rather own 10 SFHs in Kansas City for IRR over the next 10 years.

Okay, so here's the question: If you had the ability to move your entire long-term rental portfolio anywhere in the United States in today's market, where would you go, and why would you move it to that particular market? Is it cash flow? appreciation? Total IRR expectations? Retirement strategy?

If you think your current strategy is the best strategy for the outcome you desire (i.e. buying OOS in Alabama for cash flow), let us know too!

I'm selfishly asking you all to play this game, as I am looking researching different markets for OOS REI, and figured we could do some think-tank together.

Ready GO!

Most Popular Reply

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248
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Paul S.
248
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248
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Replied

Why does everyone OOS think Detroit is great cash flow?  So many have limped back to where they came broke and ruined....    I have made so much money in the last few years off OOS investors its crazy!!!  they take a rehab, fix it up, the city eats their lunch then they sell it to me for pennies so they can get out!!!  I do love this city...

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