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Updated over 7 years ago on . Most recent reply

User Stats

24
Posts
4
Votes
Destiny Prince
  • Kenner, LA
4
Votes |
24
Posts

Researching out of state markets

Destiny Prince
  • Kenner, LA
Posted
I live in Louisiana. I’m interested in purchasing rental property out of state. What do you look for when “researching” a market? I’ve seen people who follow businesses like Starbucks and see where they open a new location. I’ve also seen people looking for states with no taxes, which didn’t make sense to me. Also, I don’t understand what CAPS are, which keep coming up when I hear of people researching markets. Any suggestions would be helpful.

Most Popular Reply

User Stats

7,695
Posts
7,862
Votes
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,862
Votes |
7,695
Posts
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied
@Destiny Prince Low prices, affordable, lots of renters, diverse economy. I like things like logistics and healthcare. Always gonna be present. I also want somewhere I’d be okay living somewhere. Slowly growing population ideally as well

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