All Forum Posts by: Jordan Placella

@Andrew Rosenberg I do not have any family/friends in any other cities. That is great advice thank you so much. But shouldn't I pick a market first before establishing a team? I thought it would be easier to build a team in one area rather than a few. 

Hey everyone! Im currently researching out of state markets for long term buy and hold rentals (most likely BRRRR). I feel I'm stuck trying to narrow down my search. I've created a list of indicators to look for when analyzing markets and here it is below:
1) Population growth (+20% from 2000)
2) Median household income (+30% from 2000)
3) Median household value (+40% from 2000)
4) Crime level decline
5) Job growth (last 12 months)
6) Appreciation trend in 12 months
7) Appreciation trend in 10 years
8) Number of fortune 1000 companies
9) Price to rent ratio
10) Cap rate
11) Unemployment rate

I’ve looked into these markets so far:
Charlotte, NC
Raleigh/Durham, NC
Atlanta, GA
Tampa, FL

Most of these cities seem like great markets according to these numbers. Are there any other indicators I should look at that I may have missed? Any other locations? Id prefer small multifamily but will be open to SFH. My priority is cash flow with hopes for appreciation. Thanks so much!

@Suzanne Player I would love that information as well if you don’t mind!

@Dave Poeppelmeier Congratulations! Another fellow DPT over here! Very inspirational and hope to be in your shoes soon. Looking to get started in my REI journey very soon.