Top Markets for BRRRR - Seeking RE Mentorship in San Diego

[Marco Young]

Hello all! I'm a new to real estate and looking to start my real estate portfolio using the BRRRR method. I'm currently trying to decide on the best markets to invest in. I've done some research, but I wanted to get some advice and insight from experienced investors in this community.

I've heard that certain markets are better suited for this strategy than others due to factors like population growth, job growth, affordability, and rental demand. So, I wanted to ask the community: What markets do you think are the best for BRRRR investing right now (other than San Diego)? And why?

I'm open to investing in different regions of the country, and using that rental income to supplement renting personally in SD. This would also be my first purchase. Also curious to know if there are any Real Estate investors in San Diego open to a mentor/mentee partnership?

Thank you!

[Alex Bekeza]

@Marco Young San Diego CAN be a very tough place to make BRRRR deals pencil only because it's one of the least affordable places to live and it's difficult to make long term rentals cash flow at high leverage. However, San Diego IS mecca for real estate investing meetups so you have a huge network to tap into of people in your area who are out of state BRRRR Investors. You should visit Beers and Deals in Little Italy hosted by @Rich Somers as well as Ales & Assets hosted by @Mel Adams.

I personally live in Los Angeles and do BRRRRs in Saint Louis, MO but there are many great BRRR Markets across the country. These tend to be markets with the best rent to price ratios like Memphis, Cleveland, Cincinnati, Indianapolis, Kansas City, Baton Rouge, Birmingham, Augusta, Philadelphia, Jacksonville, Detroit, etc. There are many more but these are a few of the most popular that I see clients pulling off text book BRRRRs in.