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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

3 Ideal Markets to Build Your Real Estate Portfolio In 2024

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Wholesaling Real Estate, Rental Property, Real Estate Investing, Investing, Business, Real Estate, Flipping Houses

2.5884 Ratings

🗓️ 25 December 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

What are the best markets to start investing in?We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt--Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/Would you like our team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/rj9Looking to grow in your faith and business? Joi...

Transcript

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0:00.0

You own 50 million dollars worth of real estate. You have 285 rental properties if I took them all away from you and I said

0:09.0

That'd be sad right

0:09.6

Yeah, but if I took them all away and you cannot buy in St Louis if you

0:16.2

had to pick three markets to build your portfolio in where would they be?

0:21.2

For sure. Charlotte, North Carolina, Indianapolis,

0:27.0

Charlotte, North Carolina, Indianapolis, and then probably, I mean there's a lot of ones I really I really like probably

0:35.8

Probably somewhere probably somewhere in Texas I just just the market's crazy like maybe like Katie Texas or like on the outskirts of like somewhere like not not like it

0:44.3

dollars is to Austin or so no Austin you can't cash for and Austin's crazy so I just think I just think Texas is just going to keep

0:50.4

booming as a market and the only thing that doesn't work in Texas is the

0:53.9

property taxes are a lot higher so but everything else like you can get a tenant

0:57.6

out tomorrow if they're not paying so like I just show up yeah yeah I probably

1:02.1

wouldn't so that's not really a cash flow market but I think the

1:04.8

appreciation is huge I don't think there's I don't think there's like the

1:08.6

Miami's and I'm not familiar with Vegas but Miami's and Phoenix is the studies I've seen like they get the crazy highs and the crazy.

1:16.1

I don't think there's crazy lows in Texas for a while. I just think with the flood of people going there,

1:20.8

the pro business, the pro everything, but I think you get crazy upside yeah

1:25.5

without much downside on the well Austin I'll think got crushed well awesome well that's

1:29.7

the one that blew dying so so one blue dot in the blue dot. So, but I'm not, but I wouldn't go there for cash flow.

1:37.6

So if I needed the cash flow, I wouldn't pick, I wouldn't pick somewhere in Texas.

1:40.2

But Indianapolis is great.

1:42.0

Charlotte has been growing been going crazy.

1:43.6

It might even be too good.

...

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