Where is the best location to purchase buy & hold rentals?

[Eric Kang]

Hello Investors,

I'm looking to invest out of state and wanted to ask you experienced real estate investors about your rental portfolio.

- Which market is your preferred location to purchase rental properties? Why?

- What return (cap rate) do you typically seek?

- How many rental properties do you have?

- What is your outlook in your preferred market?

Please share your thoughts! I'd like to get more input from investors that are in the market as opposed to just doing market analysis on my own. Thank you in advance!

[Account Closed]

Hi @Eric Kang, 

I think investing outside of your local area will prove to be lucrative for you, so I think it's good you want to explore beyond your neighborhood. Are you considering traditional buy-and-holds only or are you considering Airbnb as well?

Florida has several cities with cash purchase cash rates between 8 and 11% - Ocala, Palm Bay, Orlando...