Updated about 13 years ago on . Most recent reply
Top 5 Apartment Markets
If you had to pick the top 5 mkts to buy apartments over the next18-24'months, which markets would they be? Ok to list submarkets.
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Brian Burke
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Brian Burke
#1 Multi-Family and Apartment Investing Contributor
Pro Member
#1 Multi-Family and Apartment Investing Contributor
- Investor
- Santa Rosa, CA
1. Austin
2. Houston
3. Dallas
I haven't picked 4 & 5 yet. So far I've had some pretty good success in my first 3 picks so I haven't spread out from there yet.
The best markets are picked by finding the markets with the highest rent growth, which is found in areas with the highest job growth. One great resource for studying potential markets is the annual Best Performing Cities Index put out by the Milkin Institute. It's a must-read when searching for Multifamily opportunities outside of your own backyard.