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Updated over 4 years ago on . Most recent reply

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Michael Bell
  • Investor
  • Santa Clarita, CA
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Hottest states to invest in

Michael Bell
  • Investor
  • Santa Clarita, CA
Posted

What are the hottest states to invest in rental property right now? People seem to moving out of California to Texas, Idaho, and Colorado. Are there any other states that are hot right now?

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Jon Schwartz
  • Realtor
  • Los Angeles, CA
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Jon Schwartz
  • Realtor
  • Los Angeles, CA
Replied
Originally posted by @Michael Bell:

What are the hottest states to invest in rental property right now? People seem to moving out of California to Texas, Idaho, and Colorado. Are there any other states that are hot right now?

 Californian here to defend my state!

It seems like Californians are flooding out of CA into Texas, etc., because there are SO MANY OF US! For example, anecdotally, Boise, ID is overrun with Californians. Do you know how big Boise is? 229K people! California's population is 39.5M. So a few Californians moving to Boise make it feel (to residents of Boise) like an exodus.

Another fun fact to illustrate my point: in 2018, 118K Californians left the state for other states. But 188K people moved into California from other countries (source: https://calmatters.org/explainers/california-population-migration-census-demographics-immigration/)

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