How to figure out investment locations ?

[Gopichand N.]

I am trying to get onto remote rentals and need advice on how to zero on on which areas to invest ?what tools or process do you use ?

[Zach Lemaster]

@Gopichand N.

There is a lot to consider when choosing the right market that fits your goals.  Are you looking for more of a cash flow play, appreciation, mix of both?  We focus mainly in the midwest and SE with our investments where there are landlord friendly legislation, low taxes, economic stability/diversity, population growth, reasonable home prices that allow for cash flow but still have appreciation.  I think MO, IN & OH & AL are a great mix of all those components.  Currently FL is a booming state that still has reasonable price points, but will likely have appreciation we are seeing in many other costal states.  Really depends on what specifically you are looking for though.  Hope this helps somewhat.  I'm happy to discuss further if you'd like in how we determine what is the right market to build a portfolio in.  I suggest setting some initial criteria, looking at census data, RE trends, and speaking with many people that have invested in the locations you are interested in.