I have many clients buying the older homes in North Phoenix near the north 101 as they are 20-30 years old, in need of updates, but also are poised for the long term growth from TSMC and other business/economic activity in the area. 

How to track potential growth in an area to see if a lot is viable for purchase and building spec homes on etc. 

Start small with manageable deals, educate yourself continuously, and build a strong network and team to support your growth.

Bullish on DT Fargo growth and Airbnb opportunity there.

. - First is GROWTH: If a person is in growth phase for portfolio building, refi only access's a portion of equity, not the entirety.

@Amir PortalStarting the BRRRR strategy in the Dallas-Fort Worth (DFW) area is a smart way to build your real estate portfolio, especially with the area's growth and rental demand.

We’re drawn to relatively affordable areas that may be more resilient to climate change in the long run (though we know nowhere is immune).Buffalo has caught our attention because of the growing investments in the area, which we think could drive future economic growth.

I’d dig into this a bit more.Another assumption that stood out to me as potentially problematic is the 6% income growth and only 3% expense growth.

Jacksonville’s got a lot of growth going on,so you’re in a great spot for both strategies.Good Luck!

Then generally the best advice is to buy in the best area that you can afford, even if the cash flow isn’t as good in year one you will get more market appreciation in equity and rent growth in the better area.