What Cities to Invest In

[falgo]

I'd like to get your opinion of your local real estate investment market. I'm specifically interested in Multi-Family rental property but would love to hear about other investments as well.

I want to generate Cashflow. I'm not trying to do anything fancy. I simply want to buy multi-family homes with 10-20% down and receive a decent return on my investment. My local market (Atlanta) is becoming extremely difficult to generate a positive cashflow without more than 20% down or significant investment in rehab.

Feel free to PM me with a list of available properties also. Looking forward to hearing your responses.

[Las Vegas Homes]

I would suggest looking at Las Vegas for Multi Family property. This is one area of the real estate market that isnt flat. Multi Family units sell very fast here. There are very few of them on the market so if you are serious you dont have a lot of time to ponder your offer.

I know this might sound like a sales pitch but if you are interested I can show you the figures. Contact me through my signature links and I can contact you by phone and discuss a little more with you of what you are looking for and what Las Vegas has to offer in way of Multi Family properties.

[falgo]

Thanks for the reply. I submitted my info on your site. Look forward to hearing more from you. If I bought in Vegas I'd have to check in the property a couple times a year. I'd probably lose any cashflow I got at the blackjack tables. :)

Any other cities out there want to chime in?

[Business_with_Greg]

Akron Ohio is a high foreclosure area but some homes are 15-25 and decent structurally.

5-10k in improvements

then rents are 550-850 and sometimes a little more depending on location.

Values 75-130 average

[mstampa]

Tampa, FL still has excellent multi-family properties that will produce income. PM or email me for more info.

[543LISTguy]

You should also look into investing anywhere in the GoZone...Gulf Opportunity Zone. Great tax benefits. You can find more info at.....it says i dont have enough submissions to give a link...even though its not mine:D

so just check mississippi.org....the go zone covers areas hit by katrina

[michael]

The market is changing fast. With a bit of a slow down the rental market rates should pick up and generate healthier returns. Count on a 5-10% increase each year in rents for the next 4 years. When you do your analysis this should help you.
All the same I suggest only buying positive cash flow. You can bet on appreciation but cash flow is a sure thing. The only way to ensure that appreciation will also be provided in the shortrun is to forecast future value. But with cash a spread sheet does the trick. Within two hours drive of Atlanta is a lot of good markets with positive cash flow. Savannah and some other markets are really healthly for the next few years. Add in the 5-10% and you may be surprised at what you can generate. Do a GOOGLE search on PROPERTY FORECASTING and a site called thespillzone will guide you to a free appreciation forecast on just about any location in the USA. It is brand new and just hit the media. At least this way you can see if the value is going to go up.

[beachbob]

Competing with Orlando as the most popular tourist destination on the South East Coast Myrtle Beach South Carolina is not only the Golf Mecca of the United States (over 100 courses) its is one of the most family friendly destinations in North America!
The Grand Strand encompasses a 60-mile span of white sand beaches that stretch from Little River to Georgetown, the Grand Strand features incredible seafood, historic tours, unique shops, cruises, two ocean side State Parks, deep sea and inshore fishing.
If the Grand Strand's beaches were to suddenly disappear, there would still be people traveling US 17, just for the food. It's no exaggeration to say that this is one of the best places in the world to partake of aquatic gastronomic bounty. Just north of the junction of US 17 and US 17 Bypass is the area known to locals as Restaurant Row. From Japanese to Calabash, a drive through this corridor (though slow during summer rush hour) will turn up nearly 100 fine restaurants, and enough fast food to clog the healthiest of arteries. The last few years have seen two new centers develop. Barefoot Landing at the southern end of North Myrtle Beach features shopping and entertainment in addition to restaurants. Similarly, Broadway at the Beach in Myrtle Beach is home to 13 heavy-hitting favorites such as the Hard Rock and Planet Hollywood. Finally, there are hundreds more restaurants strung out along 17 and Ocean Boulevard. The Grand Strand Coast is one of the last areas in the south east United States that has not been completely developed. With the Land supply being sucked up by developers the potential for appreciation has never been greater! With 20 million plus baby boomers retiring on the southeast coast in the near future NOW is the time consider purchasing in Myrtle Beach.

OCEAN FRONT CONDOS STARTING AT $89,900 (WOW) go to mbhomesearch

[WorldwideDevelop]

Our Market In Wake County NC Is A An Excellent Location Right Now To Invest In Real Estate. If You Are Interested In Foreclosure Rehab Investments I Have A Few Available Just Reply. Good Luck

[mochilero]

I wish I could remember the author of a book I recently read. The premise was that you can find the best investing opportunities by investing where the number of professional jobs was unusually high (information available from the U.S. Census and other sources). The idea is that professional jobs come first, then there have to be service jobs to fulfill the needs of these professionals. This virtually guarantees a coming rush to rent and so higher rents.

The author claims to have done well with this strategy, seeing rents double within a year or two in some places he invested into. Just playing with the info available online, I recently noticed that Austin, TX, for example, has a high proportion of professional jobs, and is starting to have the influx of population that is coming to fill the service jobs - and the apartments. Interesting idea. Hope it helps,

[michael]

Go to my companies web site thespillzone.com and you will see that Austin TEXAS is hot and so are the other places mentioned in these most recent postings. And yes, job growth along with affordability index is the key to an areas rents and future valuations. Ed Ross, the author of THE SPILL ZONE has his book on the web site and he is the author that specializes in this. Meanwhile lots of good advice can be found on the site about the recent deceleration cycle.

Michael Schendel, thespillzone.com
Property Manager and Investor as well.

[prservices]

I have an excellent opportunity for commercial investments that I wanted to share with you. I have a portfolio of over 100 single tenant properties across the nation that are being sold off independently. Some of them are Walgreen’s, Dollar Generals, Dairy Queens and many others. These properties have long term leases in place. I also have the financing lined up and ready to go. Having both the property (with tenants) & finacing to get into a commercial property makes it super easy and smooth to get into these properties. They range from a half million to $3.5 million in price. A down payment of 10 - 20% is required depending on the buyers qualification and/or the tenants qualification. If you are interested please let me know. I will also pay you a referral fee if you know anyone who is interested in this opportunity and completes a transaction. Please note I am not a real estate agent.

Also I have available some great training for all facets of Commercial Financing and Investing. This market is much more profitable the Residential investing. This program will change your life. See atozfunding.net to get more information.

[shalsant]

Tampa, FL still has excellent multi-family properties that will produce income. PM or email me for more info.

Do you have any multi-family properties available now with positive
cashflow in the Tampa area? email me at shalimarsantiago@gmail.com

[walla walla real estate]

Walla Walla is a very attractive city for investors. While prices have risen dramatically the last couple years (who's havent?) It is still reasonably possible to cash flow on residential properties with 15-20% down. The median price is around 190K and rents run between 900-1200 depending on bed,bath ect...

[mortgagecalculator360.com]

High appreciation seems to be inverse of cash flow. In today's market wheres the best place to invest?

[michael]

If you go to the spillzone.com and look at the upper right corner it gives you a free report of the 30 top metro areas in the USA. Believe it or not these are almost all good CASH FLOW areas. In a slow down the areas that have the best cash flow become also the best appreciation areas (typically).

[jennsellsfast]

THe Atlanta market is still going strong, especially the North GA mountains. Ellijay and Blue ridge are hot for cabins, chalets, and other types of homes. Appreciation has been fierce.

[Agent 007]

My name is Len and I am a local Las Vegas Realtor that sees some great investment properties go by. I can definitely be of help if you are interested in the Las Vegas area and the surrounding areas (Henderson, Green Valley, Lake Las Vegas, etc.). When are you thinking about purchasing? Shoot me an email at LenM@AmericanaGrp.com and we can discuss your options for out here. I am very good at what I do and I work for one of the largest real estate companies in the industry (Prudential). I look forward to hearing from you.

[RentLocator]

We have a large amount of Income properties in West Palm Beach Florida. Real Estate here has been a little bit slow however rentals are 1000 and up.

Contact us for more information palmbeachrealestatepros dot com


or Florida Rent Locators dot Com

[ctsee11]

I would take a look at Jacksonville Florida; downtown is currently being rehabed with a lot of help from the city

[dannbkk]

I would like to suggest to invest in a Condominium in Bangkok Thailand!

Here is an interesting article regardng investing in Bangkok Thailand;

The demand for condominiums either for investment or own use continued to increase in the Bangkok CBD and peripheral areas such as Ratchadapisek Road, Paholyothin and outer Sukhumvit Road.
As a result of increasing demand, changing lifestyles among the new generation, rising oil prices and construction costs, the prices of condominiums have been rapidly increasing in Bangkok by 20-50% over the past three years.
The supply of condominiums on the market totaled 43,940 units in the first quarter of 2006. The number of freehold condominiums increased by 1,062 units with eight new condominium projects completed said the survey. Leasehold totals remained the same as in fourth quarter 2005.
The vacancy rate increased slightly among both grade A and grade B condominiums by 2.4% and 1.3% respectively, with the occupancy rate declining slightly from 90.5% in fourth quarter 2005 to 87.9% in this quarter. This was due to the number of new units completed where owners were still decorating units.
Eight freehold projects were completed during the quarter. These included three low-rise projects developed by Sansiri: Sathorn Plus by the Garden on the main Yenakard Road, with 70 units; Sathorn Plus on the Pond in the same area, with 77 units; and The Lanai Sathorn on Yenakard Road Soi II, with 34 units.
Other developments included: Silom Grand Terrace on Soi Saladaeng, developed by Metro Star Property with 240 units; Supalai Oriental Place on Suan Plu, being developed by Supalai with 300 units; and another two projects from Noble Development: Noble 09 Ruamrudee on Ruamrudee Road with 39 units, and Noble Ora on Sukhumvit Soi 55 with 223 units.

Within the next three years, future supply will consist of 75 projects worth 15,400 units. Eight new projects, with 1,751 units, were launched in this quarter; Noble Ambience Sarasin, a low-rise building on Sarasin Road; Noble Ambience Ruamrudee, a high-rise building on Ruamrudee Soi III; VOGUE@Siam, a high-rise building on Petchaburi Road; One Siam, a low-rise building on Rama I; The Clover Thonglor, consisting of five low-rise buildings on Sukhumvit Soi 55/18; Emporio Place, two high-rise condominiums plus one home/office building on Sukhumvit Soi 24; One Thonglor Station, a low-rise building on Sukhumvit Soi 40; and One Sukhumvit 67, a low-rise building on Sukhumvit Soi 67.
The number of occupied freehold condominium units totaled 36,833 units (87.9% of the condominium stock), an increase of 352 units from the previous quarter reported the survey. The number of occupied freehold condominiums increased by approximately 16,399 units, from 20,921 recorded in the previous quarter.
Over the past five years, the number of occupied freehold condominiums increased by approximately 16,399 units to 36,883 units at the end of first quarter 2006, a rise of approximately 76.3%.
The average price for grade A completed condominiums increased in the first quarter of 2006 in all areas, but especially in Sukhumvit. The Sukhumvit area had an average price increase of 14% while Silom/Sathorn and Central Lumpini increased by 5%.

Asia Property Report - August 28 - News

[CSmith]

The question of “where to invest” depends primarily on two factors.
First: what are you trying to accomplish? Buy and hold? Fixer-upper? Flipper?
Second: how do you see yourself? Investor? Speculator?

These two questions are interrelated. But if you’re looking for the longer term and want a sold investment you’ll be interested in a region’s ratio of property prices to rental price. Meaning: look for areas with low property prices relative to going rental rates. It’ll be easier to find a property that breaks even cashflow-wise, or even makes a little bit of money right out of the chutes, and without a huge down payment.

National City recently did a study of market valuations – studying which markets were over-and under-valued. At the top of the list for overvalued markets were the coasts: Naples FL, Riverside CA, Los Angeles CA, Atlantic City, NJ. In San Ramon CA you can buy a fixer-upper for $500k and rent it out for maybe $3,000/month – not a good recipe for positive cashflow.

Undervalued markets tended to be in the South and Texas (Dallas, TX; Houston, TX; Tulsa, OK) but also included Lafayette, IN and Buffalo, NY. If you live in these areas it will be easier to find properties that generate enough cashflow to pay the mortgage plus expenses.

Christopher Smith
Managing Director
EquityScout.com
csmith@equityscout.com (csmith@equityscout.com)

[RE_Investor]

Michigan Investments

I work with investors in Michigan. We have recently had an increase in out of state investors contacting us. We have been able to consistently offer properties with about 40% or more equity even after any repair costs. All of these properties cash flow nicely, and we offer property management.

Our most common properties range in price from $10,000 to $500,000. The lower priced homes are generally great cash flow properties.

Please contact me if you are interested in learning more about the MI market.

Justin Razmus
Real Estate Sales & Investments
Blue Rock Real Estate
jrazmus@grar.com (jrazmus@grar.com)

[sawa0018]

around water. people seem to lke that

[iggyigette]

I am looking into the GO Zone Area investments - nice accelerated tax write offs

[Codythebest]

I'll suggest the area from Knoxville up to the smokies.
Turistic area with few multi-family or long term rental.
People make money with the short overnight rental.
However, people working there need long term.
A 2/2 unit, when available is $700-$850/month, 100% occupancy.
Building a multi-family is the way to go IMO.

[Cash Home Buyers _ com]

Invest in your market, there is nothing wrong with it and the long term trends are good. The grass is always greener, but when you invest in other markets, you run the risk of: overpaying, losing control of management, and misidentifying market conditions.

[TJ2007]

Personally I'd suggest you invest your money out of the US right now.

There are a lot of markets growing faster. The US recently only ranked 22nd in the Global Housing Index and that isn't taking into consideration the countries that are really about to boom over the next 12-24 months.

Many overseas new construction developments have professional management programs, offer GUARANTEED RENTAL RETURNS and give you time to enjoy the property yourself each year....

[noobdogs]

grass is always greener on the other side...just watch out for what you step in when you cross over... ;)

i believe with the changing world around us, real estate investing won't always be so "local". people are looking to invest all over the country in increasing numbers.

[Denise Andreacchi]

Have you ever thought about investing in Toronto, Canada.
I am an agent. Let me know if you would like any information.
Thank you.

[noobdogs]

denise,

any rentals with property management available?

price range - 30k to 50k?

3 beds

[Denise Andreacchi]

No. not here for that price. You are looking at 300K to 900K
Regards

[noobdogs]

so not many rentals there huh.

[Denise Andreacchi]

There are rentals. Quite a few, however what are you looking for? I work with investors from Spain, Germany, Vancouver and England. Please send a list of what it is you want and what type of return.
Regards

[TJ2007]

Yes we have a company that does mortgages in Canada for foriegn nationals and I am suprised how many people are buying and investing over there - too cold for me :)

[Denise Andreacchi]

If you have any investors that are looking to buy or sell, please let me know. I would be happy to work for them.
Regards

[TJ2007]

Denise, guess there's a glitch in the matrix - I am not able to PM you or get your website info.

[Real_Estate_Agent]

There are so many great cities to invest in.

Search the trends from different websites and locate a real estate agent in each city to assist you.

Sincerely,

Fernando Spindola

RealEstateHomeForSaleAndNewHomeMortgage.com

[althea]

Actually Atlanta is a Really Hot Market now and a Great place
to focus. I invest in just about ever major city in the Country
and I want to assure that Atlanta is prime market along with
Miami, Dallas, and certain areas of Ohio. You can make a huge
return on your money in these areas.

I can tell you that if you do venture out of the state of Georgia
You most definitely want to stay away from the state of California
and possibly Illinois there not your best choices and you can wind
up digging yourself a big hole if you decide to invest in these areas.

I am having a hard time finding out why you are having difficulty
in the Atlanta area. I personally get tons of Great property there.

Where are you finding your sellers? How are you funding your deals?

These are extremely important questions because your sellers need
to be VERY MOTIVATED in order for you to get a good deal. This
shouldn't be a problem because thousands & thousands of sellers
fit into this category, especially in th ATL area.

Also 10-20% is WAY to MUCH to put down as an investor. I would
suggest seriously looking into the aforementioned questions and
researching the Goldmine available in Creative Real Estate Investing.


I'd like to get your opinion of your local real estate investment market. I'm specifically interested in Multi-Family rental property but would love to hear about other investments as well.

I want to generate Cashflow. I'm not trying to do anything fancy. I simply want to buy multi-family homes with 10-20% down and receive a decent return on my investment. My local market (Atlanta) is becoming extremely difficult to generate a positive cashflow without more than 20% down or significant investment in rehab.

Feel free to PM me with a list of available properties also. Looking forward to hearing your responses.

[Codythebest]

Actually Atlanta is a Really Hot Market now and a Great place
to focus. I invest in just about ever major city in the Country
and I want to assure that Atlanta is prime market along with
Miami, Dallas, and certain areas of Ohio. You can make a huge
return on your money in these areas.

Are you serious? I just got a call from a builder with 8 TH unable to sell in Atlanta. He had to take a lose with investors.
Also, I have been an agent in South Florida where I still have contacts and MLS access. Nothing is moving doen there, nothing...
Don't know the other areas though..

[tarheit]

It's amazing the differences in markets. 300k-900k is very high end here and there are plenty in the 20-50k range (nice homes go 80-160k).

-Tim

[ppetriello10]

The Coastal Carolina's are fast growing markets. There are communities that offer the following:

Amenitized, luxury, gated, bonded, residential community at Pre-Development Pricing
Located on the Intracoastal Waterway in highly sought after Coastal Carolina
World class fishing, boating, golf and other outdoor activities
For a limited time only, special financing packages available
The Financial Package

No Money Down
No Money Out of Pocket Up Front
Up to 24 months of Interest Payments provided to buyer by sellerFeel free to contact me at paulp@total-rm.net

Paul

[UrbanPlanner]

I think investing in any city can be dangerous, depending on where it is. Certain areas are prime for new development and rehabs while others are already overpriced. I would do some research on the city's neighborhood specifically before investing in it. For example, in my home town of Cincinnati, the town of Mariemont, about 5 miles from downtown has just been registerd as a historic district. Usually when that happens, property values rise, although development is more restrictive, in the long run it can be an excellent investment. Another neighborhood here called Northside, is experiencing a renaissance with new condos and rehabs on the old Italianate houses. The neighborhood has a big gay population and with so many rehabs going on independently from homeowners (typical in "Gayborhoods") developers paid attention and are working to convert old factories into lofts. At the same time, there are areas that are going downhill due to crime being pushed to certain areas when police do huge surges in the worst neighborhoods.

These are some things that can effect your investment and are obviously discarded when you only consider cities as a whole. I do know that Chicago overall is becoming too expensive and that a lot of investors are looking at Cleveland. Franklin, Tennesee and North Las Vegas are prime places to invest.

[Codythebest]

The Financial Package

No Money Down
No Money Out of Pocket Up Front
Up to 24 months of Interest Payments provided to buyer by seller

Are you sure? Are you certain? Can I apply for this package?
If yes, can I sue you if it is not happening?

It's 4 easy questions and I suggest that, if there is a 'no' at one or more to these questions, you should rephrase that.

[Bogzz]

hi.. have you known hihcorp, where you can located the new and exciting development of 15 luxurious garden homes in Fremont, California.

[ppetriello10]

Are you sure? Are you certain? Can I apply for this package?
If yes, can I sue you if it is not happening?

It's 4 easy questions and I suggest that, if there is a 'no' at one or more to these questions, you should rephrase that.


Yes - The bank puts all of this on the HUD

[FlatFeeKing]

You can easily buy a multi family property here in St. Louis Missouri for 150 - 200K and get about 2000 a month in income. My business partner just moved here from Tampa and he cant stop talking about how good the deal is.

[Panamalive]

Falgo
I'm writing about Panama the country, not Panama City Florida.
Panama City Panama is booming; it's a 4 hr flight from ATL. Do some research and you'll find all types of opportunities.
Check out viapanama.com they have some interesting articles and listings.