Florida rental, or Indiana rental, for appreciation and long term
I have been looking into markets lately and Indiana is getting a lot of positive feed but when I was looking at the growth it is very stagnate. Florida is growing at an exponential rate currently. I am trying to lock down a market and looking for advice. Thank you
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It's not possible to compare two states in different regions of the country. First of all, each state has it's own good areas and bad areas and areas growing and those shrinking.
Pick an area you like and pick an area you have a good team. You can be in the best market but have dud rentals if your team is garbage. And vice versa. Most people would consider Gary, IN one of the worse places in the country to invest. Yet I manage for many there and they are banking. But it comes down to the right people helping you.