Where to Buy Your First (or Next) Property in 2025

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  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
    1y

    Detroit did go through a major downturn, as most Midwest cities did, with the offshoring of manufacturing.

    Detroit is on a major rebound though, for the last 10 years!

  • Clarksville, TN · Member since 2017 · 41 posts · 37 votes
    1y

    Just to provide some more recency of information on Memphis than where your graph's timeline ends. I've been investing in Memphis SFRs for nearly 7 years and in different parts of town. Single family market values reached peak in summer '22 and have been flat to slightly downward since then in cash flow C to B neighborhoods. The city's high crime rate is certainly not helping the situation.

  • Zach LemasterBusiness Member
    Rental Property Investor · Denver, CO · Member since 2015 · 2k+ posts · 3k+ votes
    1y

    Excellent article Austin!

  • Rental Property Investor · Denver · Member since 2021 · 75 posts · 53 votes
    1y

    This is awesome! In case it's helpful, here is a view into the current leasing market in 3 of the 4 markets you mentioned. All of them are fairly healthy from a DOM perspective.

    https://uploads.disquscdn.c...

  • Investor · Alexandria · Member since 2025 · 6 posts · 4 votes
    1y

    Interesting list. Most people chase growth headlines but the real opportunities in 2025 are hiding in plain sight. In overbuilt metros like Atlanta and Tampa, properties with in-place cash flow and poor management are often overlooked. Cap rate compression is distorting pricing in several of these “top markets” and that changes how you need to underwrite risk.

    Who is actively underwriting deals in these markets right now. What rent assumptions are you using in year one and how are you adjusting for vacancy risk.
    https://media3.giphy.com/me...

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