What markets do you have your eye on for LTR in 2023?!

[Michael Junior]

I recently moved from Connecticut to California. I own some units back in CT and sell Real Estate as a residential agent in both markets. 

I have not picked up any new units since 2021. And am looking to get back into buying pretty heavy. 

What I have learned in the year I have been in CA is I do not want to invest in long term rentals in this market. At least not right now. Cash flow does not seem to exist on small multi family. I do not want to invest for appreciation especially seeing as where the current prices are now. I just don't see them getting much higher in the near future. It's already extremely affordable as is in CA today. 

So im looking to invest out of state. Looking at some deals in CT where im from, but also looking to invest in other markets such as ohio, or indy. 

Curious to see what everyone who is investing OOS is looking at as far as markets go! 

[Joshua Stein]

Moved from the Midwest recently (to Denver), at a high level everything performs better cashflow-wise in the Midwest.

The appreciation is generally slower, but your properties perform better out of the gate.

Here's a recent BiggerPockets article that highlights up-and-coming markets, this may be helpful: https://www.biggerpockets.com/...