Updated 12 months ago on . Most recent reply
Best Markets To Invest
Hello, my Fellow investors
I am looking for my first investment property and I have been researching markets. So far Dallas, Austin, Houston Texas and Columbus, Cincinnati Ohio and Nashville Tennesse and Nevada have caught my interest. I want to ask ya'll seasoned investors if you were starting out today where would you start investing with all the experience and knowledge you have now?
I goal is to find a market that has good appreciation rate with good to decent cashflow but out of the two appreciation matters more to me. I am already have a good lender that has pre-approved me with a DSCR loan so all I need is to find the right market to invest in!
I am currently located in The Bay Area, California and I am little nervous about investing out of state but I thought I would give other cheaper markets a shot other than my backyard which is expensive. Any advice, suggestions or recommendations to honest investor mindset realtors in these markets would be greatly appreciated!! Thank you!!
Most Popular Reply
Just pick one. They are all great places to invest. Get on plane and engage all 5 senses though. 10 years from now, it probably won't really matter. Being a subject matter expert and having a clear strategy is far more important than picking a market. Following the shiny object, throwing money at a market you don't know well, and blindly trusting strangers that have a clear profit motive put you in a poor position to succeed regardless of where you choose to invest.