Jacksonville lands a #1 spot on the real estate investment analysis. The key to this report is the "passive investment", meaning buy and hold for rentals. Here is the report:
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