The most important decision first-time real estate investors will make is where they choose to invest in property. The team at LLC Attorney created a helpful guide with a comprehensive analysis that determined the 50 top cities for real estate investment. The team looked at crucial factors to make their judgments and guide potential investors in the right direction.
They started by pulling cities off the Real Estate Investment Index and identified the 100 most populous cities. From there, they awarded points based on rental income potential and landlord-friendly laws.
Rental income scores were based on factors like average monthly rent, median home sale price, gross rental yield, and the market temperature. To determine how landlord-friendly a city is, the team examined average eviction time, security deposit limit, and rent control laws. All of these factors combined to create a powerful store and a helpful list for investors.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal.
