Looking for a** high-cash-flow real estate market)? Well, you’ll need low **home prices) to make that happen. With mortgage rates) still at multi-decade highs and affordability at forty-year lows, there isn’t much cash flow to around…unless you’re investing in one of these markets. And while “cheap” rarely means “good,” there are a few housing markets on this list that investors can feel safe parking their money in.
Unless you have a million dollars in the bank or already own a portfolio of beachfront homes in Hawaii, you’re probably looking for the best market to stretch your investing dollars. Thankfully, we’ve got just that as the On the Market panel covers the** ten most affordable housing markets in the United States**. We’ll get into the nitty-gritty of the top four and highlight which we’d invest in and steer clear from.
Some of these markets have** huge manufacturing entering the area**, prompting** massive job growth** that could surge home prices. But, with most unaware of this type of economic movement, investors like you can **take advantage by getting into these affordable markets **before they become boomtowns!
In This Episode We Cover:
The** ten most affordable real estate markets** across the country (and which we’d invest in)
Two markets that are about to** experience massive job growth** but STILL offer low prices
Cash flow vs. appreciation) and which market to invest in if you want LONG-term wealth
Entering the “investor’s market” and why real estate investors have the upper hand in 2023
How to vet a rental property market) and the metrics you MUST pay attention to before you buy
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Connect with Other Investors in the “On The Market” Forums)
Subscribe to The “On The Market” YouTube Channel)
Henry's BiggerPockets Profile)
Jamil's BiggerPockets Profile)
Kathy's BiggerPockets Profile)
10 Most Affordable Markets List)
2022’s Most Affordable Housing Markets)
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-130
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