6 Best Rental Property Markets to Start Your Real Estate Portfolio

"I would just bet that a market with a really strong economy like Huntsville is going to grow faster than some of those other markets even if you're not going to get as much cash flow in your first few deals right off the bat."

"if I were brand new to real estate I don't actually think I would choose Denver to start investing if it was 2024 it's just not an affordable City anymore you really can't find cash flow on the MLS and even strategies that work well in expensive markets like house hacking they still work but they are less compelling than they used to be in expensive markets like Denver"

"the three markets that I chose are one Tuscaloosa Alabama two Syracuse New York and three Leck Texas... Tuscaloosa we have 220,000 as the average price Syracuse 236 lck Texas just 209 so that's about half the national average so these are much more affordable markets... they have strong rent to price rat ratios all of them are between 67 and. 69... they all have strong economies so all three of these markets have unemployment rates below the national average right now the national uh unemployment rates in the low fours it's 4.3% but in Sy use it's 3.8% in lck Texas it's 3.2% and in Tuscaloosa it's 2.4%"

"the three markets that I chose when I created these criteria are Oklahoma City Oklahoma Pittsburgh Pennsyvania and Huntsville Alabama... Pittsburgh is about $219 ,000 Oklahoma City is a little bit more at 238 and Huntsville is the most expensive on our list at about 310,000 but still like 30% less than the national median... Pittsburgh has what I would say is like a top level rent to price ratio at 67... Oklahoma City it drops down to 057... Huntsville it's actually around the national average at 48... Huntsville... the percentage of high paying jobs is 37% which is a lot higher... in Huntsville the unemployment rate is 2%... Oklahoma City it's just 3.3% Pittsburgh it's 3.2% and Pittsburgh... for 35% of the jobs are highp paying jobs"