By descending rent/price ratio: 9:04 Oklahoma City OK 9:54 Jacksonville FL 10:42 Columbus OH 10:55 Orlando FL 11:08 Tampa FL 11:57 Columbia SC 12:21 Greensboro NC 12:58 Kansas City MO
This. Insurance rates have gotten out of control, doubling in some cases. One $259K house now has $3500 for insirance! I'm actually going this week to do something about it. Plus property taxes jump around 10% a year. I have good tenants anf havent rasised my rents much now these indteases are killing me
I believe the data people are looking at for florida is old and just not updated. Everybody trying to invest there is an indication of cognitive dissonance. With multiple hurricanes, rising property insurance costs (which then cause massive rent increases 400-600 especially for investors who were already below market) and native people leaving because of too many tourists, it doesn’t make sense to invest there. For some reason people are still propping up this state because of TRAILING statistics. Just pay attnetion to the news and use common sense. Don’t fall into the hype.
Kansas City agent and native. Kansas City also has a new airport being completed this year. They are putting a street car system to run North/South in the main road. Our biggest employer is Cerner(medical company). We also have a lot of warehouses and e-commerce being moved in.
This is really deceptive. He completely ignored property tax which is a major factor in your final PITI payment. I took a look at Columbus, Ohio and Texas and they have insanely high property taxes. There goes your low mortgage payment.
Great video once again. Could you or anyone here share a thought or two about Michigan (not including Detroit), Pennsylvania, and Delaware's real estate landscape?
Talk about "overhead" in his videos ... this one might set a record. I measure the "front-end" load at 495 seconds and the "back-end-load" of 88 seconds for a "total load" of 67% ! That's a lot of filler. But I did find the remaining 33% interesting.
If you could include a ‘favorable conditions for business’ metric, that’d be good. Interested in planned infrastructure development and insurance costs. Thanks for the great programming Dave.
How do you find list of the businesses in the area andinfo for smaller cities like under 50k because in CT we just have a bunch of small towns and cities...I would guess you would go by county?
It's encouraging to see that there are still affordable options available for those looking to buy a home. The detailed analysis and explanation of each market were very helpful, and I appreciate the effort put into researching and presenting this information. I look forward to seeing more content like this in the future!
Great information, very analytical and fundamental information that can be used to pinpoint our own niche markets. Thank you for sharing the knowledge.
FLorida is overpriced for the past three years ..started around 2020. On top pf that we are the must Expensive coverage for insurance and property taxes have increased. Ridiculous..
It would be good to mention the 8 Most affordable cities right off the top within 60 seconds not 9 minutes in. Then go ahead and explain all the information.
Thus is such dangerous advice. It's like telling people that stocks at the peak of a market are good value and to change your opinion about what is good value. So much moving of goal posts. Sometimes the best strategy is to not buu.
With these cap rates and negatives cash flows, I'm thinking of pump and dump as prices are going up to double digits and everyone seems to be projecting they can hit higher prices.
By descending rent/price ratio:
9:04 Oklahoma City OK
9:54 Jacksonville FL
10:42 Columbus OH
10:55 Orlando FL
11:08 Tampa FL
11:57 Columbia SC
12:21 Greensboro NC
12:58 Kansas City MO
Oklahoma? Don't care how affordable they are taking people's basic rights away. Not giving a dime to their government. Not thank you
And Cincinnati!!
I will add Tuscon and Indianapolis
1. Oklahoma city
2. Jacksonville, Florida
3. Columbus Ohio
4. Orlando, Florida
5. Tampa Bay, Florida
6. Columbia, SC
7. Greensboro, NC
8. Kansas city, MO
not all heroes wear capes
I’m an investor in Florida, what you haven’t taken into account is insurance costs which have sky rocketed and eaten away at cash flow.
This. Insurance rates have gotten out of control, doubling in some cases. One $259K house now has $3500 for insirance! I'm actually going this week to do something about it.
Plus property taxes jump around 10% a year. I have good tenants anf havent rasised my rents much now these indteases are killing me
Yep! We’re leaving Florida and no longer investing here. Insurance premiums/no labor/property taxes-cost have led to our departure✌️
I believe the data people are looking at for florida is old and just not updated. Everybody trying to invest there is an indication of cognitive dissonance. With multiple hurricanes, rising property insurance costs (which then cause massive rent increases 400-600 especially for investors who were already below market) and native people leaving because of too many tourists, it doesn’t make sense to invest there. For some reason people are still propping up this state because of TRAILING statistics. Just pay attnetion to the news and use common sense. Don’t fall into the hype.
@Stephen Shelton wow how come? Scam?
You are right my SFH insurance in orlando has jumped from $2400 to $4300
Kansas City agent and native. Kansas City also has a new airport being completed this year. They are putting a street car system to run North/South in the main road. Our biggest employer is Cerner(medical company). We also have a lot of warehouses and e-commerce being moved in.
You are a trooper and very generous in sharing your research with us like that. Thank you so much!
This is really deceptive. He completely ignored property tax which is a major factor in your final PITI payment. I took a look at Columbus, Ohio and Texas and they have insanely high property taxes. There goes your low mortgage payment.
Great video once again. Could you or anyone here share a thought or two about Michigan (not including Detroit), Pennsylvania, and Delaware's real estate landscape?
When you say Oklahoma City, I'm assuming that you're including the suburbs Moore, Norman, Edmond, and others, correct?
Talk about "overhead" in his videos ... this one might set a record.
I measure the "front-end" load at 495 seconds and the "back-end-load" of 88 seconds for a "total load" of 67% ! That's a lot of filler.
But I did find the remaining 33% interesting.
U might be onto something bud😂
Dave can you analyze South Carolina? Greenville is doing great…increased population, increased wage growth and affordable homes. Great content thanks!
For a numbers guy, you talk way too much. Get to the point please.
#1 Pittsburgh pennsylvania
If you could include a ‘favorable conditions for business’ metric, that’d be good. Interested in planned infrastructure development and insurance costs. Thanks for the great programming Dave.
How do you find list of the businesses in the area andinfo for smaller cities like under 50k because in CT we just have a bunch of small towns and cities...I would guess you would go by county?
It's encouraging to see that there are still affordable options available for those looking to buy a home. The detailed analysis and explanation of each market were very helpful, and I appreciate the effort put into researching and presenting this information. I look forward to seeing more content like this in the future!
I am shocked Fort Wayne, Indiana wasn’t on here. Consistently the lowest cost of living city in the U.S.
Great information, very analytical and fundamental information that can be used to pinpoint our own niche markets. Thank you for sharing the knowledge.
Maybe you didn’t look at suburbs but Clayton NC has affordable price point and should meet your metrics. Can you please check? Thank you.
Thanks
Plenty of affordable housing in Gary, Indiana. Any takers?
Cincinnati as well!!
Great video! Thank you so much
Super helpful. Buying primary residence in Jacksonville FL; and making sure it also cash flows for the future.
Learning.
Thank you!
📚📚📚
This was really, really good David! Getting ready to purchase my second rental
And Oklahoma City was on my radar
does anyone have a video about affordable cities near good schools
Awesome information! Thanks
Moving to Florida in July, excited to start investing down there! Great video, you guys rock!
Thank you so much for making my life easier , for some reason analyzing markets is so overwhelming for me.
Thanks for the information
FLorida is overpriced for the past three years ..started around 2020. On top pf that we are the must Expensive coverage for insurance and property taxes have increased. Ridiculous..
I’m in the Kansas City area and my company is always looking for new cash buyers.
“I love you man”
OKC
Jacksonville
Columbus
Orlando
Tampa
Columbia
Greensboro
Kansas City
It would be good to mention the 8 Most affordable cities right off the top within 60 seconds not 9 minutes in. Then go ahead and explain all the information.
Great, now rents will skyrocket
NW Arkansas is hot
Thus is such dangerous advice. It's like telling people that stocks at the peak of a market are good value and to change your opinion about what is good value. So much moving of goal posts. Sometimes the best strategy is to not buu.
With these cap rates and negatives cash flows, I'm thinking of pump and dump as prices are going up to double digits and everyone seems to be projecting they can hit higher prices.
Anyone?
OMG cut to the chase FFS
or you could just skip the video to the part where it states the cities but yeah it was a drag lol
Your list is laughable
Note these are all red states and they have done a great job in keeping the cost of living low.
They've done a good job of keeping wages low and inturn the population there poorer
Actually, Columbus is a blue city in a red state.
this guy talks to much!
GREAT video ! Thank you