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What is the best place to buy real estate?

What would be places to buy real estate if wanting to rent out to tenants, such as more rural, more near a lake/beach, or the best states.

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Lisa’s Answer

From my own experience saving for a down payment on a home is great in almost any area. Many people qualify for a First Home Buyer loan ,, only require 10% down. Other assistance programs are available. start small , buy home, build equity , and use it to buy another home (reinvest). Renting you will not build wealth.
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John’s Answer

I would suggest Googling what cities are growing the fastest. Rents and Appreciation will be the best in those cities vs cities that are losing people. There may be a trend in a general sense to leave cities in favor of more cost-effective suburbs as many companies are making work from home an option. In any area, you typically have A, B and C grades of rental housing. As a beginner pick 'B'. Your agent can help you sort through what's what. Also consider learning about "Buying Property Off Market". The best deals are typically not on the MLS. Buy a property at a better price helps lower your risk and improve your return on investment.

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John Husband, Real Estate Investor

John recommends the following next steps:

Google Growing Cities
Talk to 10 agents in that city before picking one to work with.
Understand what a B grade property in that area is.
Learn to find Off Market Properties to buy.
Find a mentor
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Alexandra’s Answer

I highly recommend buying in or nearby a metropolitan/city area. Rental income tends to be higher. If you are looking for a rural area specifically however, I would definitely recommend going into vacation rentals (AirBnB, Vrbo). The nightly rates can be higher if posed as a vacation/retreat rental, regular monthly residential leasing rates tend to be lower amounts. Hope this helps!
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William’s Answer

Hi Nate!
Sign-Up with real estate blogging sites for your local area.
There are sites that gives real estate market advices, guides or reports.
fortune builders.com
investopedia.com
forbesglobalproperties.com

Read tips and do market analysis to guide you. One does not forecast markets without facts and figures. You need to master the pros and cons from reports, guides, speculations and technical analysis.
realtrends.com
realtor.com
homeai.com
lakeplace.com
lakehomesminnesota.com

Download real estate market report to guide you on when to invest and use market trends for technical analysis. You may register for professional account.
https://www.statista.com/outlook/io/real-estate/united-states

Online real estate schools:
https://www.investopedia.com/best-online-real-estate-schools-4844110

https://www.bayfieldtraining.com/introduction-to-shopping-centre-investments/
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