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Updated almost 5 years ago on . Most recent reply

User Stats

171
Posts
142
Votes
Wesley Whitehead
  • Rental Property Investor
  • Depends on where my employer sends me
142
Votes |
171
Posts

Venturing into a new market

Wesley Whitehead
  • Rental Property Investor
  • Depends on where my employer sends me
Posted

Good evening,

I was curious what some members have done on here when looking at new markets to invest in (this is the SFR and small MF space). I figure you are looking at population growth, job growth, employers in the area,, house absorption, new construction and a myriad of other factors but I am curious as to where you find these statistics at. Any insights from members is always appreciated.

V/R

Wes

  • Wesley Whitehead
  • Most Popular Reply

    User Stats

    172
    Posts
    110
    Votes
    Stephen E.
    • Rental Property Investor
    110
    Votes |
    172
    Posts
    Stephen E.
    • Rental Property Investor
    Replied

    Hi Wes, I started investing in Jackson Mississippi because the cash flow was amazing and I feel good about my property manager. If I had found a similar property manager elsewhere that might have swayed me, but what I like about Jackson is even if it doesn't appreciate it's still the capital of the state, so it's not going anywhere.

    Anyway! I'm actually going to be in Miami soon this month if you'd like to grab a coffee. I'm hoping to connect with some Miami locals that can give me some pointers :) Happy to share what I've learned on my journey. Though I'm not an advanced investor I have 9 doors, so still pretty much in the beginner phase.

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