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Updated over 7 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • San Antonio, TX
190
Votes |
785
Posts

The Most Landlord Friendly States

Account Closed
  • Real Estate Investor
  • San Antonio, TX
Posted

According to 

http://capstonecapitalusa.com/the-most-friendly-8-...

the order is:
TX, IN, CO, AZ, FL, KY, GA, MS

I choose to not do rentals but based upon my dealings in TX, I'd say this state is pretty friendly to property owners. Opinions?

Most Popular Reply

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535
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253
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Kimberly T.
  • Investor
  • Colorado Springs CO
253
Votes |
535
Posts
Kimberly T.
  • Investor
  • Colorado Springs CO
Replied

We own rentals in CA, AZ, and CO.  We bought in CA first for a few reasons: it's where we live (so we can self-manage and work on it ourselves), we anticipated staying in CA for at least a while, and so we could get experience being landlords (my parents were landlords when I was growing up, but you learn so much more when YOU own the property!).

Since buying that rental, we have decided we will be leaving CA by 2020ish, and branched out to buy some rentals in AZ for a few reasons: only a 6 hour drive away, better ROI, lower prices, and landlord-friendly. We're strongly considering moving to CO when we leave CA, and just bought our CO rental late last year (part of the research I did on various states we considered moving to was how landlord-friendly they were).

So, as far as AZ and CO, my research and experience with those states is consistent with the assessment of them being landlord-friendly.  Doubt you'll ever see CA on that list.

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