Which market do I choose? ATL, Austin, Boulder, etc?

[Kristina Dobyns]

I am a total newbie, interested in starting with BRRR investing. My bachelor's is in psychology, my masters is in exercise science, and my current business is a small e-commerce business selling wellness products, but I want to learn BRRR!

Can you help me decide between Atlanta, Austin, or Boulder? (or actually I am open to other places, too).

I came up with these options below because:

-they seemed like places I could see myself visiting and enjoying, although I do not see myself living there. (e.g. each city has dance and arts)

- they are sunbelt states

-they seem to be cities that are growing

-they are landlord friendly

Do you have any advice? I know once I can narrow in on a market, I can narrow in on properties, people, and so forth. Do you know of any awesome people that can help me (agents, property managers, contractors, etc)? Do you have any insight of which of these markets might be a better bet than the others for growth in 2021 and beyond?

Any help for this newbie is welcomed and appreciated! Thank you! :D

[Ryan Kelly]

@Kristina Dobyns As you will hear from others, these are all three going to be extremely red-hot markets. Austin has less than one month of inventory and EVERYONE is trying to put money to work here. Be prepared for multiple offers and contracts going well over asking price. If that still works for your goals, that's great. Otherwise, it will be a difficult place to start.