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Updated about 3 years ago on . Most recent reply

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Evan O'Brien
  • Sayville, NY
34
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Out of State Market Research

Evan O'Brien
  • Sayville, NY
Posted

When searching for a Real Estate market to invest in out of state, what factors should you take into consideration when determining a market? I know the population growth, employment opportunities, attractions nearby and local tax laws within a state have a significant impact on a rental market but are there any other factors to take into consideration?

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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
2,013
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1,486
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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
Replied

@Evan O'Brien 
Population growth and job opportunities are the main 2 a lot of people look at when considering other markets and are the most important. I currently live and invest in Columbus OH. I would recommend you check out Columbus as @Joshua Janus has mentioned above. A lot of things are converging in Columbus from Intel, the Hyperion manufacturer, the headquarters of L-Brands, Wendys, Chipotle, and White Castle. Also, home to Ohio State University, which includes all the jobs it employs, the students it attracts from across the united states, and also the world, and all the real estate it develops!

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