If you’re looking to buy an investment property that will pay off in the (relatively) short term, choosing which city to buy in is key. In some cities where home values are poised to skyrocket over the next decade, buying property will pay off big time by the time you’re ready to sell.
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GOBankingRates spoke with Jeff Tricoli, broker associate with Keller Williams’ Tricoli Team; Mitchell G. David, real estate agent and founder of the Beach Life Premier Team; Fant Camak, realtor with Coldwell Banker-Caine; and Shaun MacDonald, realtor with Berkshire Hathaway HomeServices Verani Realty, to get their picks for the best cities to buy real estate now if you want to be rich in 10 years.
Here are the places they chose:
Boise, Idaho
Tricoli of the Tricoli Team believes buying in Boise now will pay off in a decade.
“With a home appreciation of 218% and yearly growth of 12% on average over the last 10 years, Boise shows the potential to be one of the best places to buy property,” said Tricoli.
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Factors that make this a great choice for an investment property include a potential home value growth of 2% or more in the next two…
