Help: Next Multi-Family Market

[David Pearson]

Hi BP.com,

I recently purchased my first out-of-state rental property in Illinois. I would like to invest in a 3-4 unit multi-family rental property as my next real estate investment and I have a hard time finding my next market.

I realized property taxes in Illinois are pretty high. I’d like to pick a new emerging market that is multi-family friendly. I did a lot of research online and found some hot markets but it’s difficult to pick one.

What would be your recommendations in that situation? There are so many “hot” real estate markets; how do you pick your market? Ideally, I’d like to pick one and invest in the same one over time.

Thank you!

David