Location, location, location! According to The Iceberg Report, the most comprehensive data on the SFR investment industry available, a whopping 66% of investors chose to purchase rental properties in their hometowns. So if you want to diversify your rental markets outside of your hometown, where should you look? We have broken down key data from The Iceberg Report to help you decide.
Where are the top rental markets?
- Texas
- California
- Florida
- Arizona
- Colorado
- Maryland
- Minnesota
- Georgia
- North Carolina
- Illinois
Which states do experienced investors feel have the best cash flow?
- Texas: 24%
- Florida: 24%
- Tennessee: 16%
- Georgia: 15%
- Indiana: 13%
- Ohio: 13%
- Arizona: 12%
- Alabama: 10%
- Nevada: 6%
- Oklahoma: 6%
Related: An Inside Look: Real Estate Agents and Real Estate Investing, Get Smart: Invest in a College Town