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.
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