Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

23
Posts
22
Votes
Marcella Hoard
  • Specialist
  • San Antonio
22
Votes |
23
Posts

The Best and Worst Places to Invest in SFR in America

Marcella Hoard
  • Specialist
  • San Antonio
Posted


The single-family home rental business is less profitable this year compared to last year across most of the country with yields decreasing due to increases in cost of living. That is why it is more important than ever to be selective about where to invest. Our clients tell us that they appreciate how we help them assess market risks and profitability.

I wanted to share an article regarding the best and worst areas to invest in single family homes in America. A summary of the article is below. 

-Some of the best locations for SFR investments and metros with the strongest yields in 2020 include Baltimore, Dallas, Fort Worth, Cleveland, Columbus and San Antonio.

-Metros with the weakest returns in 2020 include Nashville, San Jose and the San Francisco Bay area.

https://www.millionacres.com/real-estate-market/articles/these-are-the-best-and-worst-places-to-buy-a-single-family-rental/

Most Popular Reply

User Stats

5,451
Posts
13,750
Votes
Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
13,750
Votes |
5,451
Posts
Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Replied
Originally posted by @Marcella Hoard:

@Mike Dymski I appreciate your response. It's true that yield is not profit. The concern is when the yields go down and your costs go up, profitability becomes more difficult. As far as rising home prices, that's going to be great for investors who already own properties. For those who are looking to invest, selectivity is going to be key!

The maniacal focus we see here on BP on finding the very best place to invest long-distance is a product of the platform's structure and the real estate business as a whole. It's much more important to find the right people to invest with. I invest locally in Pittsburgh, and I could not imagine giving up the contacts and relationships I've cultivated over the years because the county next door has slightly more landlord-friendly laws and ordinances.

Loading replies...