First-Time Home Buyer
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago,
Best cities/areas in Texas and Florida for rental properties as a first-time investor
Hi all,
I am ready to invest in my first out-of-state rental property and after some research I am leaning towards focusing more on the Texas and Florida markets. There are several reasons for that including but not limited to, landlord friendliness, lower prices, population growth projection, positive job growth rates, lower crime rates, 1% rule, to name a few. There are specific cities/areas that seem more promising than others (such as Orlando, Jacksonville in FL, and Midland/Odessa, College Station in TX) but I'm finding it hard to pick one market to then resume my search for the right neighborhood and specific property. I'm open to hear thoughts and opinions on best markets in those 2 states (or any other promising markets based on the criteria I outlined above) that I should focus on as a first-time investor. Thank you in advance for your time!