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Updated almost 2 years ago on . Most recent reply

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Rajiv Bm
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Out of State rental purchase - recommended cities?

Rajiv Bm
Posted

I've decided to look to buy my first true investment property starting out with Out of State rental purchases (i am based out of California)

I'm having a difficult time deciding where I should be looking to buy. I'm considering either a small multifamily (duplex or four-plex) or perhaps a single family that will be easy to rent and cash flow. 

For those who invested out of state, looking for some guidance how did you decide on your market? 

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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied

@Rajiv Bm

I am a real estate agent and investor in the Houston market.

Katy, Cypress, Spring, some parts of Houston, Conroe, Tomball, Pearland are great markets.

Rent growth and appreciation is steady.

These cities tend to command quality tenants, and they have great schools.

Good Luck!

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