7 best cities for real estate investors

If you’re a real estate investor, you’ve probably thought about where to invest your money. Many people focus on buying properties in major cities like New York or San Francisco, but these areas are pretty saturated and may be less of an investment than other areas. The truth is that there’s no one-size-fits-all solution for real estate investing. Every city has its own strengths and weaknesses when it comes to economic growth and the potential for profit. But if you’re looking for the best places for investment, here are seven cities that will help you get started:

Las Vegas, NV

Las Vegas, Nevada

Las Vegas has a lot of potential for real estate investing. With the opening of a new casino, the city is likely to attract more tourists and investors than ever before. The city also has a lot of new construction along with an increasing number of investment opportunities in both residential and commercial properties. This can be seen through the many new home constructions that are being built in this region as well as other cities across America and around the world.

Chicago, IL

Chicago, IL is home to the third largest city in the United States and it’s also a great place for real estate investing.

Chicago’s population has grown in recent years. In fact, between 2010 and 2017, Chicago added more than 100,000 people each year to its population which means there are plenty of new homes being built as well as existing homes being renovated so that they can be sold at higher prices. This growth is good news for real estate investors because it means there will be more demand for housing in Chicago than ever before!

In addition to this strong trend in population growth, Chicago also boasts an economic climate that supports its real estate market. The Windy City has one of the strongest economies on our list thanks to its diverse industries including technology companies such as Motorola Solutions Inc., Boeing Co., Abbott Laboratories Inc., Kraft Heinz Co., ConAgra Foods Inc., United Continental Holdings Inc., Sears Holdings Corp., Walgreens Boots Alliance Inc., Whole Foods Market Inc., McDonald’s Corp., Microsoft Corp (AAPL), Apple Inc.(AAPL) Facebook Inc(FB).

Denver, CO

Denver is a great city for real estate investors. It has a growing economy, low cost of living and top-notch climate. Plus, if you’re looking for more space than the 90210 has to offer, Denver’s got that in spades too.

If you’re thinking about investing in real estate in Denver, here are some things you need to know:

• Cost of Living
• Economy & Employment Opportunities

Detroit, MI

While the city of Detroit has experienced a population decline, it is still a great city for real estate investing. The cost of living in Detroit is low, and the cost of real estate is even lower.

Detroit’s median home price is around $50,000, which means that you can get an entire house for less than what many people pay in rent each month. With so many homes available on the market, there are plenty of opportunities to invest in this once-great city and make money from your investment property or by selling it at a later date if you decide to move on to another city.

Akron, OH

Akron, OH is a great city for real estate investors. It has a low cost of living and high median income, which makes it a good place to buy and hold properties. Additionally, Akron’s market is growing with an increasing number of new residents moving in each year. As the population grows, there will be more demand for rental properties and investors can benefit from that growth by purchasing property now while prices are still affordable.

St Louis, MO

St. Louis is a great city for real estate investing. The cost of living and the economy are both favorable, making it a good place to invest in property.

The city has a strong economy, with median household income at $46,000 and unemployment at 5 percent — well below the national average of 8.1 percent. It also has one of the lowest housing costs in the country: St Louis homes sell for an average of $154 per square foot, compared to $271 nationally and even less in other major cities like New York or San Francisco (which top out around $600 per square foot).

Rochester, NY

Rochester is the fifth largest city in New York state and is home to a population of 210,565. The median home price in Rochester is $74,900 while the average rent is $871 per month. The average home value in Rochester is $141,300 and the average age of homes in Rochester is 71 years old—the oldest among all cities on this list. The average property tax paid per year for a single-family home owner in this city was $2,621 as of 2018.

These cities are great for real estate investing.

Real estate investing is a great way to make money, and it’s especially popular among young people. That’s why we’ve compiled a list of the best cities for real estate investors. These cities have a lot to offer, including low unemployment rates, high job growth and strong local economies.

The best places for real estate investing are:

• New York City
• San Francisco Bay Area (Silicon Valley)
• Seattle/Bellevue-Tacoma area

Conclusion

We hope this article has given you a good overview of the top cities for real estate investing. If you’re interested in getting started, we recommend checking out our guide to buying a house with no money down, where we go over the different options available to new investors who are looking to buy their first property.