Location, location, location. While we know this is a critical factor when buying real estate, do YOU know which location is best for your investments?
At our next RWN event, you’ll meet income property teams from three very different rental markets: Jacksonville, Cincinnati, and Atlanta.
These three markets are a great blend of a cash flow (CIN), strong appreciation (JAX), and a hybrid of both (ATL). From new builds to true rental ready properties, there will be something for every type of investor at this event.
Here are some of the reasons we like these metros for buy & hold rental property:
Besides offering both cash flow and strong projected appreciation, Atlanta is a great market for multiple reasons:
- It has one of the most diverse economies in the country, headquarters to employers like Coca Cola, CNN, Home Depot, UPS, Delta Airlines, the Center For Disease Control as well as many universities and hospitals.
- New construction homes in the path of progress have approximately 8% cash-on-cash returns with financing.
- Home prices are relatively low compared to local salaries.
- Home Prices range from $120K – $170K range.
The real estate markets in Ohio have long been considered the bread and butter of many investors’ portfolios due to low purchase prices and the high cash flow. And the economy keeps getting stronger and more diversified.
In recent years, Cincinnati has become a popular destination for new and relocating corporate headquarters, including 10 Fortune 500 companies and 17 Fortune 1000 companies. Today, the Cincinnati metro area is recognized as one of the nation’s 25 fastest developing regions (according to the Brookings Institution) with a Gross Metro Product of $119 Billion.
Brand new properties that cash flow in a rapidly growing market? Sounds too good to be true, but that’s exactly what makes Jacksonville, Florida so attractive to savvy investors.
Jacksonville’s population has ballooned by 24% since 2000, making it one of the fastest growing areas of the country. And job growth is keeping up at a rate 82% faster than the national average. Couple those statistics with the affordable cost of housing, and you’ve got yourself a hot real estate market.
Sunday, November 10th
Crowne Plaza LAX
12:00 PM - 5:00 PM
Saturday, November 9th
San Mateo Marriott
12:00 PM - 5:00 PM