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Updated over 3 years ago on . Most recent reply
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Best Cities for Rental Property Investment
I am new to investment and seeking advise. What are the top cities for rental property investment? Below are some of my criteria for investment.
- Investment < 300K house
- Generate cash flow
- Areas that are projected for decent house price appreciation in next 10 years.
Thanks in advance!
Most Popular Reply
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@Sanjeev Kumar Welcome to the community!
There are plenty of metro markets in the south east that will give you what you are looking for. Specifically Atlanta, Greenville, Charlotte, Raleigh, Jacksonville and much more.
I would suggest you find a market that you like and zero in on that market until you have a large enough portfolio there. Once you do that, you can diversify by repeating the cycle in a different market if you like. I would advise against multiple markets from the beginning due to the simple fact that it gets harder to scale.
Hope that helps! Welcome again :)
- Hersh Shah