On The Market

188: The Super Bowl Show: Which Host City Has the BEST Housing Market?

Feb 9, 2024

The podcast explores the housing markets of Super Bowl host cities, including Tampa, Los Angeles, New Orleans, and Miami. They discuss the investing fundamentals, metrics, and best strategies for each market. The hosts make predictions about the Super Bowl and discuss their favorite cities for investment. They also delve into the risks and rewards of investing in different cities, such as Tampa's high cash flow but risky potential and New Orleans' declining market and high crime rates.

40:38

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Quick takeaways

Tampa, Florida presents a good quality of living for real estate investment with a low unemployment rate, median income of $60,000, and opportunities in surrounding suburbs like St. Petersburg.

Los Angeles is a desirable market for flipping properties due to high property prices, offering profitable outcomes, but long-term buy-and-hold investors face challenges with high property taxes and insurance costs.

Deep dives

Tampa, Florida: A Growing Market with Investment Potential

Tampa, Florida has hosted the Super Bowl five times and is experiencing a population growth rate of 1.9%. With a low unemployment rate of 3.1% and a median income of $60,000, the city offers a good quality of living. While rent growth is at 2.7%, the median home price is $372,000 with a 1% increase in price growth. Though investing in the city may be a bit expensive, the surrounding suburbs, like St. Petersburg, present opportunities for real estate investment.

Introduction

2min

Sports Enthusiasm and Super Bowl Trivia

3min

Discussion of Tom Brady, Mark Wahlberg, Super Bowl Party, and Real Estate

2min

Maximize Your Moves with TurboTax and Vakasa

2min

Investing in Tampa's Housing Market

10min

Living in Different Cities & Super Bowl Talk

6min

Investing in New Orleans: Risks and Rewards

15min

Super Bowl Predictions and Real Estate Investing

2min

It’s February, and you know what that means…Groundhog Day! Just kidding, it’s almost Super Bowl Sunday, so we’re tackling some of the top Super Bowl housing markets to see which ones make for a touchdown investment market and which don’t make the team. If you’ve ever wanted to own a rental property within driving distance of the biggest football game of the year, now’s your chance as we review four Super Bowl host cities and give our takes on their investing fundamentals.

Dave and the panel will look at Tampa, Florida; Los Angeles, California; New Orleans, Louisiana; and Miami, Florida. One of these markets is an all-panel hit, while others boast distributing metrics that any investment property owner should look out for. We’ll review each market, sharing their metrics, best strategies, and whether our expert panel would invest in them.

Plus, if you want to hear who WE’RE rooting for in Super Bowl LVIII, stick around, but please DON’T bet on it…we’re investing experts, NOT football experts.

In This Episode We Cover:

Which Super Bowl real estate markets we’d invest in

Kathy’s pick for a southern market with solid fundamentals and a rising population

The pricey coastal market that might only be good for a quick flip but NOT long-term rentals

Dave’s favorite sandwich city that has high cash flow but RISKY long-term potential

Rising insurance premiums turning this popular tourist destination into a dicey area to invest in

A very one-sided prediction on who will win Super Bowl LVIII

And So Much More!

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