186: 4 Hot Housing Markets We’d Have a "Quick Flip" or "Long-Term Rental" With

On The Market

BiggerPockets

News, Investing, Business, Education

4.8 • 820 Ratings

🗓️ 5 February 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market 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 James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram 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 Kailyn's Instagram 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 [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to the On the Market podcast. I'm your host today, Kailen Bennett. And I may be an
0:13.1	unfamiliar voice actually on the air, but I am here every single episode. I am the senior producer at
0:19.1	the Bigger Pockets Network. And I was one of the creators of the show with Dave Meyer.
0:23.4	With me today is my two dear friends, Kathy Fedke and James Dainert. Hi, guys.
0:28.4	Hey.
0:28.8	So excited to be hanging out with the boss lady.
0:31.9	Yeah, James always calls me The Boss Lady, which is so funny because he owns like a massive business.
0:36.9	And I just boss him around on a very funny because he owns like a massive business. And I just boss
0:38.1	him around on a very small part of his job on the podcast. But we actually gave Dave and Henry the day off.
0:44.6	So we thought it'd be kind of fun for me to sit in and host the show because we kind of have a
0:49.6	banger of an episode today. We do. I can't wait to get started. So as everybody knows, we'd like to get
0:55.4	creative on how we share data and tell stories about the market here. And Valentine's Day is
1:01.8	coming up. So we thought it'd be kind of fun to get a little spicy in here. So a lot of
1:07.6	24 hottest market lists are coming out right now.
1:11.4	And I pulled one of them.
1:13.4	This one is actually from Yahoo Finance.
1:15.4	And Mortgage News Daily also posted the same list of the markets that they think are going to perform the best this coming year.
1:22.6	And we thought it'd be kind of fun to swipe right or swipe left on those markets with Valentine's Day coming up.
1:29.8	So I had chat GPT write me a Tinder dating profile description for each of these markets.
1:36.5	And what we're going to do is I'm going to go ahead and read them.
1:39.1	We're going to discuss the market dynamics.
1:41.5	And James and Kathy are going to swipe right or swipe left on each of these
	...

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