WHERE SHOULD I BE INVESTING?
One of the most important decisions when investing in real estate, whether you're doing that actively or passively, is where to invest.
For me, personally, I like to look for areas of high population growth.
So right now, we're seeing a lot of people exit expensive areas like California and New York, and they're moving to the southeast.
So we're seeing a lot of population growth in areas like Florida and the Carolinas, Tennessee, Texas is also seeing a lot of that.
So I like those areas.
Then within those areas I look for places with high job growth and also high household income growth.
Those areas are going to be able to continue to support the rents that you need.
I also look for low crime areas, so this is my buying criteria.
Yours might differ.