Best places to invest for a rental property

265 Replies

If you're considering Maryland, I would recommend Baltimore, either the city or county. The county is more expensive, but tons of job growth and qualified tenants. But you easily see more cash flow and ROI in the city of you buy right

Originally posted by @Brandon DeVega :

New York City. Get a 5 or 6 bedroom house, and rent it out as rooms. Definitely connect with me, maybe I can point you in the right Direction or give you some insight. @Anthony Holloway.

 Brandon, where will he find a 5 or 6 bedroom place in NYC for $400k? 

@Anthony Holloway
I believe Harris County in Houston, Texas is very competitive. This is definitely one of the best markets in the country.

Look into cities like Spring, Humble, Atascocita, Katy, Cypress, some part of Houston.

I will suggest you invest in a market that will yield the highest ROI on your money and give you peace of mind at the same time.

Goodluck.

@Anthony Holloway

Before you invest in any place , you should mostly take into account, property taxes, taxation on rental income and whether or not the state is landlord friendly. Hence, avoid to invest in California where you live,new-york, new-jersey, Hawaii, Oregon..etc. The good places are: Memphis(Tennessee), Orlando( florida), Columbus/ Cleveland(Ohio), Henderson (Las-vegas), Texas. If I were you, I would wait for the real-estate market correction. It is crazy out there now (less inventories and too much demand because of the low-mortgage interest rate).