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Updated about 1 year ago on . Most recent reply

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Kate Lee
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26
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Best, growing markets to invest in for 2023?

Kate Lee
Posted

Hi there BP community!  I'm eager to invest in real estate and want to make sure I pick the right market.  Ken McElroy's advice on this is to pick a market that's growing in population.  Any recommendations on what's a great market?  I'm from California and people are exiting/moving out of our state  Was wondering if anyone's seeing major growth in your geography.  Would appreciate a shout if you have insights!  Thanks!

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Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
4,910
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10,157
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Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied
Quote from @Ernst S Coriolan:

Hi Kate! 

You should take a look into the Kansas City market! Be sure to get your strategy and team set up before you start submitting offers. If reading helps you better understand something continue to do it. As with everything take what is valuable and disregard what you don't find value in. I enjoy watching Pace Morby and Graham Stephan on YouTube they have a lot of helpful information. Join FB groups and talk to a few agents in each market you are interested in, they will have a wealth of knowledge to share with you. Listen to the BP podcast and as always be sure to conduct your own due diligence. 

Happy to talk about KC further! No, definitely don't look in Kansas City. Worst market ever... stay far away. Definitely no profits to be made here so any potential competitors should 

 No, definitely don't look in Kansas City. Worst market ever... stay far away. Definitely no profits to be made here so any potential competitors should go to like Indianapolis or something like that

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