7 Fla. cities best in for real estate investment


SAN FRANCISCO, Calif. – The JWB Group, a real estate analysis company, created a list of top U.S. cities for investors who want to buy real estate for use as a passive investment. JWB says several sources of independent data were used to compile the list, but it did not include rental communities that can have fluctuating rent indexes.

Seven Florida cities made the top 25 for passive real estate investment, with Jacksonville landing in JWB's No. 1 spot, followed by Ocala and Palm Bay.

"People who have money to invest are not always experts in housing industry investments and can have many questions before investing an IRA or cash funds," JWB's report said.

Top 25 U.S. cities for passive real estate investment

1. Jacksonville, Fla.
2. Ocala, Fla.
3. Palm Bay, Fla.
4. Memphis, Tenn.
5. Las Vegas, Nev.
6. Toledo, Ohio
7. Detroit, Mich.
8. Orlando, Fla.
9. Syracuse, New York
10. Atlanta, Ga.
11. Richmond, Va.
12. Kissimmee, Fla.
13. Homosassa Springs, Fla.
14. Muskegon, Mich.
15. Tampa, Fla.
16. Mobile, Ala.
17. East Stroudsburg, Penna.
18. Marietta, Ga.
19. Baltimore, Md.
20. Clarksville, Tenn.
21. New Orleans, La.
22. Cincinnati, Ohio
23. Indianapolis, Ind.
24. Tacoma, Wash.
25. Milwaukee, Wis.

© 2015 Florida Realtors®

Reprinted with permission. Florida Realtors®. All rights reserved.

State Property Management LLC's goal is to keep you and your tenants informed regarding all matters related to your property. Managers are avail able to answer any questions you may have about your rental property. Our goal is to keep you as informed as needed using any medium. Our mangers are available by phone email or fax to help keep you informed.