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Updated 10 months ago, 02/21/2024
Red Vs. Blue States real estate investing
You have to take this post with a grain of salt but I have a lot of people that ask me where I buy and where I don't buy.
For the most part, I invest in Red states, meaning states that tend to vote for Republican candidates but let me add a few layers to this:
1. Demographics are more important than any other factor at a macro level.
2. Some Red states like Mississippi have terrible trends when it comes to housing and an incredible amount of poverty. I avoid states like this.
3. Some states have bad weather, being a MHP investor I avoid Florida, Texas, and Louisiana. I have lived in Texas and Louisiana.
4. The ideal climate is dry with few weather extremes.
5. If you invest in areas utilizing government funding Blue states will outperform Red states because they typically have more funding for low-income housing available.