Thread: What Cities to Invest In

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.

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?

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

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

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

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

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.

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

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

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,