Storm Lake, IA · Member since 2017 · 20 posts · 9 votes
Hi friends! I'm considering obtaining my real estate license to help jump start my real estate investing career. I was wondering what cities you guys know of that offer the most potential for being a real estate agent and wholesaling? I know it will require hard and smart work - everybody seems to make sure to tell me that haha, but I am aware. I have $15,000 and am willing to move nearly anywhere, but preferably south. Also, I want to get into multi-family investing.
I would suppose that "most potential" would refer to the least competition? That's a heck of a question. I would wager a guess than any town of ~60,000 or less people may have less agents per capita or at the very least they be easier to edge out than the streamlined agencies in big cities. Certainly not basing that on data, I just know in the middle TN area, it's very difficult to hack it if you are just starting up.
I should have been more specific with what I meant for "most potential". It doesn't mean the least amount of competition necessarily, but rather what cities are flourishing right now, is there trends happening in the south with the boomer population reaching retirement ages, are the wealthy flocking somewhere, etc. Just cities and markets that seem to have a promising future for growth, stability, and entertainment.