Posted by Hannah Lapin ● Sep 16, 2017 11:00:00 AM

Where should I purchase my rental property?

where should I purchase my rental_

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?

  1. Texas
  2. California
  3. Florida
  4. Arizona
  5. Colorado
  6. Maryland
  7. Minnesota
  8. Georgia
  9. North Carolina
  10. 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%

More Resources

Related: An Inside Look: Real Estate Agents and Real Estate InvestingGet Smart: Invest in a College Town

Topics: Real Estate Investing, Finding Properties, Rental Market Research