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Updated about 1 year ago on . Most recent reply

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81
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Alex Ng
46
Votes |
81
Posts

Hidden Gem markets

Alex Ng
Posted

Anyone willing to share some hidden gem markets for STR, MTR, and LTR? Would love to hear where you have been investing in and how well its been going!

Most Popular Reply

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26
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26
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Daniel Bourdeau
  • Developer
  • Chicago, IL
26
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26
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Daniel Bourdeau
  • Developer
  • Chicago, IL
Replied

I invest mainly in one of the smallest markets in Colorado - one that doesnt jump off the page from an 'averages' standpoint, but my unique luxury units crush it. 


My general philosophy is that there is not a wide discrepancy in expected returns between different markets. Sure, there's some variation, but the average strategy produces about the same result across almost the whole US since there are so many investors hunting outperforming markets - they tend to revert to the mean.


That being said, there ARE strategies that outperform in almost any market. My formula is to build ground up unique structures with rare and interesting amenities (Geodomes, huge hot tubs, fire pits, outdoor chill areas ect) in small under the radar markets. I think this strategy works in almost any market.  

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