Where are we investing in 2020?

Multi-Family and Apartment Investing
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Where are we investing in 2020?

Arthur P.
Real Estate Broker · Pinellas County · Member since 2016 · 166 posts · 114 votes

Where are we headed for 2020? What do you think the trends are? Where are the next new areas to invest in?

My thoughts and experiences. The trend of population migration into the south will continue. Southeast is starting to see lower returns. Most of Florida and Georgia I’m seeing very low returns. Northeast still high but might take a dip but I’m not sure if it will be enough. NY politics worry me.

Not too much knowledge on the west or mid west states. Maybe these are the next areas to get into?

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David Smith
Rental Property Investor · NJ/PA · Member since 2016 · 555 posts · 149 votes
6y

Every state and city has good properties. 

Does it matter ?

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  • Aaron T.
    Developer · Aguada, PR · Member since 2014 · 928 posts · 279 votes
    6y

    Too much uncertainty in COS. I am taking my money elsewhere. The city council has turned me off from buying anything else in the city.

    1Reply
  • Calvin OzanickBusiness Member
    Property Manager · Janesville, WI · Member since 2017 · 708 posts · 297 votes
    6y

    Southern Wisconsin is the place to be. Southern, WI like Janesville, Beloit and all of Rock County offers the most bang for your buck. Prices are significantly lower than bigger cities, but rents are in a great place. Businesses like Amazon and Dollar General now operate in Rock County. ABC Supply Co. is revitalizing much of the county in order to grow their business and the area. The state of Wisconsin is also making the interstate larger from Madison all the way into Illinois to encourage large businesses to continue moving into the area. Let me know if you have any more questions at all!

    Wisconsin Property Managers4.8411 Reviews
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  • Mike D'ArrigoPro Member
    Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes
    6y

    @Arthur P. Most of the Midwest has good cash flow, however, the markets vary a lot. Personally, I like Indianapolis and Kansas City. Both have growing populations, strong job growth and modern diverse economies unlike many other parts of the Midwest. I know both the Indy and KC. I'd be happy to chat with you if either are on your radar.

    1Reply
  • Arthur P.
    OP
    Real Estate Broker · Pinellas County · Member since 2016 · 166 posts · 114 votes
    6y

    @Aaron T. Where are you taking your money? I see your from Tampa. What do you think the market is doing there?

    0Reply
  • Arthur P.
    OP
    Real Estate Broker · Pinellas County · Member since 2016 · 166 posts · 114 votes
    6y

    @Mike D'Arrigo thanks for the comment! Couple people have mentioned Indianapolis. How do you see the future there?

    0Reply
  • Joe Kaliher
    Real Estate Agent · Denver, CO · Member since 2020 · 18 posts · 7 votes
    6y

    I agree with @Robin Searle! Colorado Springs is a great place to buy. The city is investing a lot into infrastructure downtown, and strong Army and Air Force presence offers lots of opportunity for rental tenants. I am looking into getting my first property in South Denver near Castle Pines, CO. 

    0Reply
  • Aaron T.
    Developer · Aguada, PR · Member since 2014 · 928 posts · 279 votes
    6y
    Originally posted by @Arthur P.:

    @Aaron T. Where are you taking your money? I see your from Tampa. What do you think the market is doing there?

    I planned on buying a few properties while in COS, however with the STR Laws changing, it limits my business strategy. I have properties in tampa as well. Tampa market is also growing, but has slowed over the past couple years.

    0Reply
  • Mike D'ArrigoPro Member
    Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes
    6y
    Originally posted by @Arthur P.:

    @Mike D'Arrigo thanks for the comment! Couple people have mentioned Indianapolis. How do you see the future there?


    Arthur, Indianapolis continues to be a strong market. It has a good combination of not just cash flow but also strong economic and demographic fundamentals which are important to long term returns. The market is a lot more competitive than it was 10 years ago when we got involved but the returns are still strong.
    0Reply
  • Dawn Simpson
    Member since 2019 · 10 posts · 3 votes
    6y

    @John Teachout There is a lot of flipping going on out my way in Gwinnett County. Many are sold and 32 days later back on the market for double the price. Some were only painted and do not have any kitchen cabinets... I saw quickly that getting into real estate around here was going to be beyond tough so I’m moving to the Midwest. Just bought my first property to live in renovate.

    0Reply
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