As the markets heat up and cash flow becomes more difficult to find in certain markets, it is common to think about investing in other markets. The market that I am in is trading at historically low capitalization rates, rents are at record highs, buildings are popping up left and right, renters are paying nearly 40% of their income in rent and their isn’t much value add left to be had.
In this episode we talk about how to choose a market including job creation, population growth and trends, new building and permits, government planning, affordability and opportunity.
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John Stiles is a licensed MN real estate agent with Bridge Realty.
To learn more, check out John’s website: www.RealEstateStiles.com
You can also find John on YouTube: www.youtube.com/channel/UCgLtahYDXP8T-fEFJfBqHww