Go to the hot markets?

[Brian Kaufman]

Hi there, as someone who's getting started I hear a lot about the hot markets (like Phoenix) for the housing market. I understand it really depends on your goals, but it seems to me that someone just starting out should stay away from places that are already getting a lot of attention with inflated prices and stiff competition? Seems like the better deals might be in areas that don't have a spotlight on them for people like me with no properties to leverage and a small startup capital pot.

[Colton Hahn]

That is definitely a strategy to deploy, there are markets out there that are hot that are not getting a lot of national attention (Example Ft. Wayne Indiana had 11%+ rent growth in 2021 alone). Buying low and selling high is always the goal and if you can find a market that has the indicators to boom soon I say go for it!