![]() ![]() But I’ve curated this list to present a range of cash flow markets that I believe are best-suited for remote investors. Here’s a graphic summary of the markets I’ll be reviewing:ĭetroit does have very attractive home prices - in fact, it would have a much better price-to-rent ratio than any other market on this list. The markets are not ranked, per se, but the article is organized in order of ascending price-to-rent ratio. That is to say, the median home price in the market had to be no more than 12 times the median annual rent.įor each market, I will provide the same set of basic data, as well as a discussion of the particular pros and cons. I did use one clear criterion, though: a market had to have a price-to-rent ratio of no more than ~12 in order to qualify as a “cash flow market”. It is not meant to be exhaustive, and of course there are other cash flow markets that will also work - but these are the ones that I believe represent the best opportunities for investors right now. To generate this list, I leveraged publicly available data as well as my own knowledge of particular markets. If you’re not fully focused on cash flow, I’ll also mention seven other markets that provide opportunities for a strategy that is “balanced” between cash flow and potential appreciation. In this article, I’ll leverage my previous methodology and review 12 markets that are currently ripe for cash flow investors. And with out-of-state investing being easier than ever, it pays to consider all available markets, no matter where you live. I’ve previously written about how to choose a rental property market, and why cash flow is key to successful rental properties. If you’re looking to buy rental properties, one of the first questions you’ll need to answer is which market you’ll invest in. ![]() Perhaps this is why rental property investing continues to grow in popularity. As difficult as these years have been, rental properties fared remarkably well - as I’ve shared in my monthly portfolio updates, my fears about tenant non-payment never materialized - evidence for the resiliency of rental properties against financial and economic shocks. For growing numbers of people, rental properties are a way to diversity investments, hedge against inflation, and create stable cash flow. This has reinforced the need to have a strong financial strategy that can withstand future storms. The last few years have been uncertain times. Note: this article has been updated for 2023 with the most recent census and housing data. ![]()
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