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The housing market seems unaffordable to most. However, there are pockets of hidden gem cities that we can potentially go to buy a home.
But how do you find these miracle cities? I like to use a method combining Zillow rent and military housing prices.
Once you find a place where the military pays "more" than the average rent prices, you use your mortgage calculator.
In a perfect world, your mortgage would be much lower than the rent estimate, plus the average military couple could afford the rent.
This means the average hard-working couple could afford to rent your house, and you would still earn positive cash flow. It's exciting, and I have made it work for me. Good Luck.
But how do you find these miracle cities? I like to use a method combining Zillow rent and military housing prices.
Once you find a place where the military pays "more" than the average rent prices, you use your mortgage calculator.
In a perfect world, your mortgage would be much lower than the rent estimate, plus the average military couple could afford the rent.
This means the average hard-working couple could afford to rent your house, and you would still earn positive cash flow. It's exciting, and I have made it work for me. Good Luck.
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