Best places to start your real estate portfolio in the US

2 Replies

My wife and I are vagabonds (currently living in New Orleans) and have saved up around $50K (and rising) to being investing in real estate with the focus on finding a 2-4 family in an up and coming market to house hack, we would like to buy a few more over the coming years and we are also interested in doing flips to help finance more purchases as we go to build lasting passive income and wealth. We have a variety of jobs we work that are either remote or require us to travel to them so we are open to any market that is within two hour drive of a major airport (so 75% of the country), but where!?! We are asking the Bigger Pockets community to help us pick a location to move to and start investing, if you could move anywhere to start buying property TODAY or VERY SOON where would you go? Why? 

Thank you in advance everyone! 

I'm not good at predicting what market is up and coming, but you can just go to different turnkey companies websites and see where the houses are located at. Those are the areas where you generally get a better cash-flow than hot markets, if that matters to you. 

I will look for the area where the property tax is low, limited exposure to natural disasters (hurricane, wildfire, earthquake, etc.), and landlord friendly. Those areas could be boring to live though, depending on your taste.  

Thank you for the advice, we are open to all options, we are trying to build a "top ten" list for best investment markets and then do a road trip and hit them all to see which one we like the best. 

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Join the Largest Real Estate Investing Community

Basic membership is free, forever.