High Preforming SFR Markets

[Nic Walling]

As I'm sure many of you have seen, HomeUnion recently put out a report detailing the highest and lowest preforming SFR investment markets (by cap rate).Some of the high preforming markets came as no surprise (Houston, Cleveland, Cincinnati...etc.), while others (like Memphis & Pittsburgh) were a bit surprising to me. On the low and "under-performing" side, California dominated the list. As a resident of Southern California, I painfully understand why every month when I write my rent check. 

That being said, what markets have you been seeing increased opportunity or success in? In the past, I've found the opinion of formal publications to differ greatly from those of the savvy local investor.

Full Lists/Article

[Stephen Franco]

I continue to advocate for the markets of northeastern Pennsylvania Scranton wilkes-barre Hazleton and to a smaller extent Allentown and Bethlehem Easton. These markets are good for cheap clips, very good for rent to own and still very strong for single family rentals. In many cases the people in the market can't get there on loan, but they want a single family home, and they're willing to pay a premium to get a single family homes to their lifestyle even if they can never actually on it.