Best places for Property Investment in USA 2020 | Where to Buy Investment Property 2020 in USA
Moreover, USA stands for United states of America. It is the most developed country as compared to other countries. However, USA is the hegemony of this world. Thus, All other countries depends on it for their economic and technological support. Are you looking for some Best places for Property Investment in USA. Then this is the right place for you.
Moreover, USA is very powerful in terms of military power, economic power, Technological aspect, And as a soft power. Thus, It is located in the North American continent. It controls all the the other countries and another emerging superpowers like China, India, Japan, Russia, etc.
Mostly, people wants to live and settle in USA. Many oversea migrations take place for better job opportunities and a good lifestyle. Thus, Multinational companies are located in USA like silicon valley, Boeing who requires employees from other countries such as India, China, etc.
So as this country is so developed and prosperous it is obvious that the place will have a number of good and developed real estate investment locations.Thus, The Real estate locations have remained strong from last five years.
Qualities of Best Locations to Invest in:
1. Average property prices:
However, The property prices should be appropriate. It should not be low and too high. While selling that property it should have a good price to sell with.
2. Rental Income:
Moreover, If one decides to rent their property, Then they wish to earn a good profit from it.
3. Local economy:
However, The economy should be local. The investment should take place in dollars ($).
4. New construction:
Moreover, If an area is profit oriented, then you must consider the comfortable constructions. Many new constructions will take place but you should make sure that you are comfortable with it or not.
5. Number of sales in that area:
Moreover, The sales in that area should be in a good number. Thus, It shows that the area whereby you are living has good demand and is considered as a place to invest money.
Best Places to Invest in USA:
1. Pennsylvania – Pittsburgh:
However, Pittsburgh is the second destination for Hollywood and the new East Coast headquarters of Google is located there which brings plenty of employment opportunities. People settle there for job opportunities. These properties can attract high rental incomes. Buyers will gain guaranteed return for their property investment. Thus, Property prices remain reasonable with a median sale price of only $150 000.
2. Texas – Houston:
The city has attracted 3% of sales. The metro area attracts a large number of visitors and has the lowest rate of investment. Prices are sky- high in Houston. 40% Discount attract the visitors. The average rental prices are $1,600 in this region. Moreover, People are satisfied with their living in this region.
3. Illinois – Chicago:
It is the most influential and economical emerging region of the country. It is the most rapidly growing metropolis of the country. There are high property prices upto $040 000. Along with huge rental incomes. Over 50% of population decides to rent rather to buy. Chicago can be a rich market as well as tough too.
4. Missouri – Kansas City:
This destination is considered as inexpensive destination for business by the buyers. The is a huge growth in the areas of IT, manufacturing, healthcare and the auto industry. The population of the city is growing rapidly. Thus, The average property prices are $175 000 in this region. This is one of the best locations to invest in.
5. Georgia – Atlanta:
This location is located on the heights of Appalachian Mountains. This area is considered as the third largest metropolitan city of south east.However, The employment rate of this area is very high. And around 74 000 jobs were occupied in the previous years. However, Atlanta is the best destination for seeking jobs. Thus, The average cost of property in this area is 28%.
6. Florida – Tampa, Orlando and Cape Coral:
This place is largely attracted by tourists. This seems to be the best place to invest in real estate business. Comfortable weather, highly secured rents, employment opportunities, etc attract large number of people to invest in this location. However, Tampa lays one of the fastest growing economies in this country. Moreover, It is suitable for both career seekers as well as retirees.Thus, Rentals have increased 28% in cape coral and before it was considered as vacation destination.
7. Minnesota – St Cloud:
It is considered as best location for water sport lovers and for nature lovers. It is located along with the Mississippi River. Thus, The town attracts large number of students from ll over the world because the investment rate here is low. Thus, The investors can look for rental properties as it is really profit oriented.
8. Ohio -Cleveland:
This city has recorded phenomenal growth over the years. However, There is a high demand for rental properties in this region. Thus, There is a 90% occupancy in the city.
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9. Indiana – Indianapolis:
Moreover, It is the most livable city in the USA. The city offers great employment opportunities, sports, educational opportunities and modern Infrastructure. However, High rentals can be occupied by investing in this area.
10. Michigan – Detroit:
However, About 100 fortunes and 500 companies exists in Detroit. It attracts big property relocations. With this, comes a number of families and employees from different locations to settle their. Thus, The average purchase price in this region is $65 000 and the rental prices are $900 per month. Thus, Real estate investments in Detroit is the best investment one can have.
04. New York city:
This city is considered as the heart of USA. this is the most advanced and modern city till date with a high population. Thus, The average investment in this area is $431,100 and the monthly rent can be upto $2,148.
Moreover, Boston is also considered as an important location in the country. It attracts many investors throughout the country as it possess good and prosperous income. However, The average investment in this location is up to $333,800. And you can receive a rent upto $2,337 .
It is the home of many multi-national companies and a good place to invest in. Moreover, It has large employment opportunities and attractive money making tenants. Some of the m are AT&T, Coca-Cola, Delta Airlines, and UPS. Thus, It has large opportunities for students who come from oversea and has a large population of them.
14. Saint Louis:
This city is also the home of many big companies and has a great employment rate. It is among the top ten start-up countries in USA. Thus, The house market is stable over there. there are less competition among sellers and buyers.
15. Las Vegas:
This place has a large tourist attraction. Thus, They have cheap properties. Many national and international investments take place in the the markets of Vegas. However, The rent prices are very high which is why the properties in this place is considered as properties to buy not to rent.
This are some important places of USA for real estate investment.