All Forum Posts by: Kaitlyn Nesbitt

Check out the San Antonio, Texas area! If you'd like to have significant cash flow I would definitely recommend a value-add strategy. Don't hesitate to ask me if you have any questions, that's my market.

At the risk of pointing out what might be obvious, the "best" real estate market for an investor is where the investor has key people on the ground to provide lead flow, state-specific procedural knowledge & tradespeople to take the deals down. Lots of markets look great on paper and generally speaking the REI market is a reasonably free one such that rewards are balanced pretty well with the risk profile of that market.

For sure you should consider proximity, job & migration patterns, "landlord friendliness" of the local laws et al when choosing a target market, but to rip off David Greene's point: just about any RE market works if the investor has a solid roster of business partners in their Core Four.

If you want cash flow, go to the Midwest

If you want appreciation potential, go where the population & rental growth numbers look strong

If you want a market where you can be there in a day if there's an emergency, limit your search to California, Nevada, Arizona & SW Utah

Phoenix has been a very popular destination with SoCal investors - manageable entry point, great growth projections, reasonable property taxes, etc. Most importability, it's close enough that you can pop over when needed without spending a fortune on plane tickets or spending 2 days flying back and forth across the country. 

Happy to answer any questions I can about the Phoenix market!

Some of the economic factor to consider: population growth, job growth, median household income, median housing price, any F500 company around? Landlord friendly? If it's not too far, drive around. :) If it's far, make some excises to come visit.

@Kaitlyn Nesbitt positive in-migration from the largest renter profiles (millennials and baby boomers), positive population growth at the City, submarket, and tract level, minimal crime, above average job growth, greater than 35k median income at the city, submarket, and tract level.

Would love to chat about where I find this info, we're constantly evaluating cities, submarkets, and neighborhoods around the southeast to make investments.

Common question, common answer. Go red states, they are sensible with landlord laws and are experiencing growth because once glorious places like California have become their own worst enemy by over liberalizing. 

If you have a lot of cash to start out with then maybeee the Northwest likePortland/seattle is something to throw in the comp, but otherwise people are seeing returns in Arizona, Texas, Florida, Kansas City, Atlanta suburbs and Tennessee.