It is possible that you live in a market that is particularly suited for investment properties. For most of us, we have to become remote investors to gain access to the best markets. The following criteria should be used when selecting hot markets for real estate investments:
1. Select large metropolitan areas.
2. Select areas that have a sustainable appreciation rate. Not exploding, not languishing.
3. Follow migration patterns.
4. Select areas where properties have a low cost per square foot and a high rent per square foot.
5. X factors such as favorable landlord laws, restricted availability of land, lack of physical faults etc.
Fig 1. RPC Members can compare the hottest metro areas based on demographics, articles, growth and actual sale & rental comparables.
