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Updated over 2 years ago on . Most recent reply

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Kimothy Bynum
  • Real Estate Agent
  • Detroit
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127
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Good markets to invest?

Kimothy Bynum
  • Real Estate Agent
  • Detroit
Posted

Hey I'm looking to partner on a property with 2 of my friends. What is a good entry market to jump into?

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Bill B.#2 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#2 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Las Vegas, NV
Replied

Click on the magnifying glass in the upper right. This question is literally asked weekly if not daily. 

TLDR: pick one of the 7 or 8 states with no income tax, no severe weather, a state people are moving to not from, where the housing stock is less than 20-40 years old, preferably no maintenance siding and roofs (tile/stucco etc.), a “landlord friendly state” that doesn’t have snow to plow or lawns to mow…

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