According to an analysis made by Bigger Pockets, residential real estate investors were provided by Metro Denver with its second best returns of most major cities.
On the record of ranking 50 major metro areas in the country, Dallas, the capital city of Texas that has the largest urban center of the United State's and the fourth most populous metropolitan area, got the top rank followed by Denver, also considered as one of the most populous municipality in the state of Colorado, USA, the Denver Post reported. Other cities included in the hot market new index are Atlanta, Houston and Miami.
The said index measured annual rents data represented as a property value percentage reported basically by the Department of Housing and Urban Development.
Denver is the one leading the metros study on the first measure conducted by Bigger Pockets, showing gains of 13.4 percent in home prices. The percentage was considered strong enough to surmount a weaker data on the annual rent ratio in order to give a 18.9 percent total return, supporting Dallas at 19.5 percent.
On the contrary, another tough and extreme prospective for real estate investors were Alaska, Boston, Baltimore, Birmingham, New York City and Los Angeles, Updates Reported.
A reliable and most trusted Cherry Creek-based social network of real estate investors known as the Bigger Pockets scanned at how many properties under residential, excluding apartments, have high in value in the early years of 2014 and 2015.
"Some investors are looking for cash flow from rental income, while others are hoping for greater gains from appreciation," says Joshua Dorkin, CEO and founder of BiggerPockets. The said survey did not include expenses on real estate which differ widely by market and change what type of net returns the investors could make. "The best markets are those that can combine the two," Dorkin added.
