Are you looking to spice up your real estate portfolio by expanding into a new market? Maybe you’re looking to diversify your holdings and spread out the risk geographically, Don’t just throw darts at a dartboard—do some research and make a plan. Understanding which markets are hot and why can save you a lot of wasted time and money in the end.
Not to belabor the point but, as we all know, time is money.
Where to Begin
A great place to start your search is by checking the annual Emerging Trends in Real Estate report put out by the Urban Land Institute (ULI) and Price Waterhouse Cooper (PwC). These folks gather lots of nationwide housing and economic data and crunch the numbers to create a list of the top ten U.S. cities for real estate investing.
Factors To Consider
In their report, they consider factors such as population trends, employment growth, housing supply and the overall business climate. Based on thousands of survey results and personal interviews of real estate professionals, the list can change pretty significantly from year to year.
The Top Ten
For 2019, the markets with the most upside potential for real estate investors are:
#1—Dallas/Fort Worth
#2—New York/Brooklyn
#3—Raleigh/Durham
#4—Orlando
#5—Nashville
#6—Austin
#7—Boston
#8—Denver
#9—Charlotte
#10—Tampa/St Petersburg
Rounding Out The Top 25
It is worth noting that many of the regions that NavCap services are included in the list of top 25 cities for real estate investing including Orlando (#4), Tampa (#10), Atlanta (#11), Washington DC(#18) and Minneapolis/St Paul (#23). But no matter where you decide to invest, finding the right financing will set you up for long-term success.
To learn more about the short-term fix and flip and long-term rental financing that NavCap offers, reach out today. Call us at 443.603.0193 or email us at info@gonavcap.com.