How to Pick a Market?
Hi everyone, I'm new to BP. Five years ago I sat next to an older woman on a plane leaving Kauai. She owned a home there and told me how real estate allowed her to travel and live wherever she wanted. She also told me to buy three properties--that they'd come in handy when I got older. So I'm here to make it happen.
Currently I own a condo in Chicago. I plan to sell it and buy my first investment property, either a multi-family or a single-family that I can rent.
I'm looking at three markets: Detroit (I visit regularly and like the direction it's headed), Atlanta/Macon area (I grew up there and still have a network there), or staying put in Chicago. What do you look for in a market, i.e. how do you know a good market to invest in? Also, any books or podcast recommendations for getting started would be much appreciated!