Episode #348
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Is chasing hot markets like Austin and Nashville actually hurting your long-term wealth building? In this episode, Dave Meyer and Kathy Fettke dive deep into a heated BiggerPockets forums debate about whether low-appreciation, high-cashflow markets like Cleveland and Memphis can grow your net worth faster than trendy appreciation markets. They reveal why the "slow and steady" approach might not be the wealth-building winner you think it is, sharing real examples from Kathy's 30 years of investing across both market types. Dave and Kathy discuss the hidden costs of cashflow markets, why timing matters more than market type, and how to find the perfect hybrid markets that offer both appreciation potential and solid returns in today's challenging housing market conditions.