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Investing in Rochester, New York
The hosts discuss the potential of investing in the housing market in Rochester. They highlight the affordability of housing, the stable cash flow, and the potential for good returns on investment in the long term.
These hot housing markets could make any investor start to sweat. You’ve been longing for some cash flow connection, but your prayers have gone unanswered. You don’t know what you’re in the mood for—a quick flip or maybe something a bit more long-term. You’re hesitant to settle down with so many options around, but waiting won’t get you what you want. Worry not; we’ve brought the hottest housing markets to you this Valentine’s Day.
Enough with the promiscuous property puns. We’re breaking down Yahoo Finance’s list of the hottest housing markets for 2024, going over their top picks and telling you where we’d swipe right or left. If you’ve never had the chance to online date, now is your time to feel the digital thrill as James, Kathy, and senior producer Kailyn Bennett become your investing BFFs for the next half hour, showing you which property market has potential and which deserves nothing more than a quick flip.
Some of these markets may surprise you (they surprised us!) due to their underrated potential, but just because a housing market makes the top lists DOESN’T mean it’s the right market for you. So, which areas would we love to settle down with? Stick around; you’re about to find love, listings, and leases in these markets!
In This Episode We Cover:
Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in
The high-priced coastal market that we love…but wouldn’t buy rentals in
A snowy northeast market that has low prices and big rent-by-the-room potential
A sleeper city with a big price tag but solid investing benefits
The not-so-sexy market that made the number-one spot and surprised us all
Unemployment rates, home prices, average rents, and top metrics you MUST check before investing
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
Yahoo Finance’s Top Housing Markets for 2024
Top 10 Real Estate Markets for Cash Flow in 2024
Master plan calls for more growth in downtown Toledo
Connect with Kailyn:
Kailyn's BiggerPockets Profile
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-186
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Listen to the best highlights from the podcasts you love and dive into the full episode