Where’s The BEST Place to Buy a Rental Property?

Are you looking for the best place to buy a rental property? Maybe you’re scouring through different real estate markets, but none of them seem “perfect” to invest in. If so, stick around, as Sterling shares the five key indicators of a profitable real estate investing market.

First and foremost, there is never one market that is the “best” out of all markets. Someone in California could be getting better numbers than someone in Florida, and someone in Malta could be getting better numbers than someone in Canada. It isn’t about finding the “best” market in general, it’s about finding the best market for YOU to invest in.

Ask yourself how you value cash flow compared to appreciation, what type of class (A, B, C, D) neighborhoods you prefer, whether you prefer older or newer houses, and look into other factors like employment sources, employment rates, and population growth. All of these need to be examined before you decide what property market is best for your specific niche.

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00:00 Location, Location, Location
00:52 What is the BEST Market for Investing?
02:06 Factors to Help You Choose a Market
02:31 1. Population Growth
02:55 2. Crime
03:45 3. Employment Rate
04:15 4. Landlord Friendly/Tenant Friendly States
05:41 5. Market Understanding
06:38 Look Into These Before Buying!

[ALEXTHETRUCKINGGUY]

One step I do to analyze a market is to Google my city's CAFR (comprehensive annual financial report).

Goes over top employers (in statistics and demographics section) and where every dollar the city has goes.

[robertgarcia]

Music is way too loud. I can’t get through this due to music.

[CreativeCashflow]

You wouldn't plant a seed and then dig it up every few minutes to see if it has grown. So why do you keep questioning yourself, your hard work, and your decisions? Have patience, stop overthinking and keep watering your seeds.

[DashonHawkins]

Much ♥️ to Sterling & Bigger Pockets!
I'm investing in one of the hottest markets in the U.S. Metro Phoenix, AZ! Looking to purchase my 1st property; FHA Owner-Occupy, 4-plex.

3 questions:
1) How do I determine which property vs another when the numbers are pretty much the same? Both are close in value, capital expenditures, size, etc? The Cash on Cash is ½ a % difference. I am looking at the schools & what's close & growing nearby.

[joinpropertyceo]

Great tips here. Something I didn't consider when I started flipping houses was the crime in the area. We actually had a home invasion and assault in one of our properties after securing the contract and multiple break ins during renovations where a local gang claimed it was their house!

[hanumanjichalisa]

The background music interferes in understanding and grasping your message.

[TheDomusGroup]

Good content but the music is killing me.

[gretta]

Great presentation! Very timely and filled with valuable key information. What are some of the dangers of owning rental property outside the area of your permanent residence?

[KidCity]

Thank you for sharing all your knowledge. This is what makes America great!

[MikeG]

in other words, avoid democrat run cities