Best rental markets 2021

[Connor Mather]

Hi Everyone, 

I am attempting to narrow my search on which rental market across the country I want to break into. I am currently residing in CA and have two properties in NC. I am wanting to break into at least one other market. The research I have done so far has pointed me towards Houston, TX/Louisville, KY/Jacksonville, FL/Indianapolis, IN/ and Cleveland or Columbus/ OH. I know there are a lot of variables and ultimately it depends on my preferred market, however I am seeking advice as it related to the pro's and cons of the cities and states I have listed above.

Additionally, I am ready to buy and hoping to get into my first multifamily building or complete a BRRRR. If anyone is a realtor, lender, or property manger who is also invested in these areas it would be great to connect and do business.

Thank you for your time

-Connor
  

[Remington Lyman]

Originally posted by @Connor Mather:

Hi Everyone, 

I am attempting to narrow my search on which rental market across the country I want to break into. I am currently residing in CA and have two properties in NC. I am wanting to break into at least one other market. The research I have done so far has pointed me towards Houston, TX/Louisville, KY/Jacksonville, FL/Indianapolis, IN/ and Cleveland or Columbus/ OH. I know there are a lot of variables and ultimately it depends on my preferred market, however I am seeking advice as it related to the pro's and cons of the cities and states I have listed above.

Additionally, I am ready to buy and hoping to get into my first multifamily building or complete a BRRRR. If anyone is a realtor, lender, or property manger who is also invested in these areas it would be great to connect and do business.

Thank you for your time

-Connor
  

It does not matter where you start as long as you develop your Core 4. The core 4 is David Greene’s strategy for long-distance and made up of a realtor, contractor, property manager, and lender. Once you have this team in place, you should be able to confidently invest in any market.

As for picking a specific market - I would go after one with an increasing job and population growth. I invest and work in Columbus, Ohio.

I recommend you read this article on OOS investing.

https://www.biggerpockets.com/blog/core-four-real-estate-team