is Lakeland FL market good for rentals?

[Yerik Akhmetov]

Hello,

I just move to Tampa Area. I'm looking for buying rental properties. I was looking at Lakeland area. Does it have good potential? I know it is in the middle between Tampa and Orlando. I just wanna know insights about it.

Thank you

[Andrew Davis]

@Yerik Akhmetov - yes, Lakeland is a fantastic market. 

What @Stephen David Smith Jr. said for sure, lot's of job growth and a truly central location. 

There has been crazy YOY rent growth and homes are still relatively affordable.

Lot's of new added jobs due to the location, but many of those are manufacturing, industrial and warehouse - which bodes well for an investor looking for a stable pool of renters.

Definitely find a realtor who knows the market well as there are areas you'll want to steer clear of.