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
General Real Estate Investing
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 2 years ago on . Most recent reply

User Stats

95
Posts
73
Votes
David To
  • Newport Coast, CA
73
Votes |
95
Posts

rate the following rental markets

David To
  • Newport Coast, CA
Posted

My objective: to purchase a SFR for rental / cash flow. I can afford a home between $150K - $300K. Living in Southern California, a home in Riverside county or Temecular / Murrieta would be around $250K and above, and not very good looking either. I see beautiful homes on Zillow in Charlotte, Dallas and Houston for $150K that's better than what you would get for $300K in Riverside, etc.

SO my questions to people, rate the following markets which would be better suited for a cash flow rental property, 1 belong lowest and 10 being highest.

City, State    |    ZipCode  | Class B,C,D |  Job Growth (1-10)  |  Pop Growth (1-10) | Vacancy rating (1-10)

Riverside, Ca

Temecula, Murrieta CA

Dallas, TX

Houston, TX

Charlotte, NC

Memphis, TN

Thanks and let me hear your feedback on which markets above would make the best rent and hold strategy.

David To

Most Popular Reply

User Stats

43,107
Posts
63,654
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,654
Votes |
43,107
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@STEPHEN YUAN   those list that come out by the experts are flawed in my mind.. two of the top ten counties  Clayton in Georgia and Wayne in MI.. are really really tough markets for landlords... Clayton got its school system decertified for poor performance so anyone who cares about schools for their kids will move to Henry county or another one near it.

And Wayne county is well its Detroit and of course there are pockets but there are also so much that is not good.. 

Its these kind of survey's that the investors or promoters hang there hat on and its not reality in the real world Kind of like Zillow is for values  :)

business profile image
JLH Capital Partners

Loading replies...