Where We’d Invest in Real Estate in 2024 if We Were Starting from Scratch
New to real estate investing? In the beginning, you’re drowning in recommendations of where to invest in real estate, especially in 2024. Everyone is shouting different markets at you, “Cleveland! Tampa! Cincinnati!” the list goes on and on. But here’s where you’ll get stuck: most beginners think ANY market is good enough for them, except that isn’t true. There are some unique markets that most investors don’t know about, and they could fit what you need perfectly. Today, we’re sharing these markets (and how to find them) with you.
We brought on expert investors Ashley Kehr and Henry Washington to give their picks for the best places to buy rental property in 2024. All of these markets offer something different; some have low price points with significant cash flow, while others have huge appreciation potential. We’re sharing our top three rental markets with you so you get in before the rest of the investors hear about them.
We’ll also give you the criteria to pick your perfect real estate investing market and share where we first invested and where we wish we had invested.
After this episode, head here to get all the data used in this show, then find your market, tag @BiggerPockets on Instagram, let us know why you chose it, and win some free swag!
In This Episode We Cover:
Where to invest in real estate if you’re starting from scratch with zero experience
The best places to buy rental property in 2024 that most investors are overlooking
Moving to invest in real estate and the city with a VERY high salary-to-home-price ratio
Real estate market risks that we steer clear of whenever buying rentals
Finding your market “advantage” and how to thrive in new a market using your skillset
And So Much More!
Links from the Show
Let Us Know What You Thought of the Show!
Find Deals in Any Market with Henry’s New Book, “Real Estate Deal Maker”
Find an Investor-Friendly Agent in Your Area
See Ashley, Dave, and Henry at BPCON2024 in Cancun!
Top 10 Real Estate Markets for Cash Flow in 2024
Post Your Market and Tag BiggerPockets on Instagram!
(00:00) Intro
(03:02) Ashley's First Market
(06:19) Would You Move to Invest?
(10:38) Henry's First Market
(13:41) Where to Invest in Real Estate
(14:38) Ashley's 2024 Market
(21:16) Henry's 2024 Market
(29:47) Dave's 2024 Market
(34:06) Find Your Market "Advantage"
(35:45) The Dish
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1007
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