3 Florida cities in top 10 for real estate investors

3 Fla. cities in top 10 for real estate investors

NEW YORK – Oct. 28, 2015 – Need some guidelines for making choices for real estate investment? Well, help has arrived. BiggerPockets just released its Real Estate Investment Market Index indicating the hottest markets to get the most out of your money.

Using criteria such as home purchase prices, appreciation and rental prices, BiggerPockets listed the 10 best cities for investment in 2015 – and also 10 cities where real estate investment may be a riskier bet.

Best places to invest and percentage of return

1. Dallas: 19.5% return.

2. Denver: 18.9% return.

3. Miami: 18.6% return.

4. Houston: 18.5% return.

5. Atlanta: 16.5% return.

6. Tampa: 16.4% return.

7. Detroit: 16.2% return.

8. Austin, Texas: 15.6% return.

9. Las Vegas: 15.3% return.

10. Orlando: 14.9% return.

Cities where investing may not be a good option

1. Hartford, Conn.: 4.4% return.

2. Salt Lake City: 5.4% return.

3. Louisville, Ky.: 5.7% return.

4. Milwaukee: 5.9% return.

5. Washington, D.C.: 6.4% return.

6. Los Angeles: 6.5% return.

7. Baltimore: 6.7% return.

8. New York: 7.1% return.

9. Boston: 7.4% return.

10. Birmingham, Alabama: 7.7% return.

Sources: “The 10 Best (and Worst) Cities for Investing in Real Estate May Surprise You,” realtor.com. and “Bigger Pockets Real Estate Investment Market Index: The Best (and Worst) Major Markets for Real Estate Investors, 2015,” The BiggerPockets Blog.

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Mike Schwiebert Realtor® Sales Associate

Mike Schwiebert is a two time Best of Clay Realtor Winner, a home selling expert, former general, building and remodeling contractor, Investor, and girl dad.

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