Best Investment Properties?

**FindingHomes.org** · 09-18-2008, 02:23 PM

With the stock market being what it is it seems to me that real estate makes more sense as an investment. Historically money has been thrown at hot real estate markets. Today it makes more sense to hand pick specific investments within markets.

Here are my best bets for the Northwest.

1. Snoqualmie Pass, WA Who wouldn't want to live here and have a shorter commute? They stopped making new real estate a long time ago. That could not be truer with this location. 18 acres adjacent to ski resorts , 45 minutes to downtown Seattle. Min lot size 6,000 sf, all utilites available. Owner will carry contract and consider all offers $1.8 mil

2. Boardman OR, Yes Boardman. Over 70% of the people who work in Boardman do not live there. They have to travel from Hermiston. This town has had very little residential development over the years, most of it occurring in early 80's. Since then industrial development has sky rocketed, from the announcement of Boardman being the location for the Pacific Northwest Motorsports Park, or the newly announced Amazon.com server storage building. There are no homes available to be bought. This town severely needs a residential development. Currently available are residential parcels of 19.3 and 26 acres, both priced at $24,000/acre. Once again the owner is flexible with terms, make offer.

3. Mattawa, WA, Where? It is not so much Mattawa that is interesting as it is it's surroundings. Near Mattawa you find the Saddle Mountains, home a 17,000 ft deep exploratory gas well drilled in the 1980's. When the drillers did not find the amounts they had hoped for decided to go into Alaska instead. What was left? Try a well producing and estimated 5,000,000 cubic feet per day! New technology could push this figure up to 10,000,000 mcf/day. That is alot of cash flow considering todays fuel prices. And it is for sale!

**Realty Scalperz** · 09-18-2008, 10:49 PM

These are my best bets:

4 bedroom 2 bath home for sale $3,999 (fixer)

3 bedroom 1 bath home for sale $3,999 (Indiana)

2 bedroom 1 bath home for sale $1,225 (Newport, KY)

http://www.realty-scalperz.com

**tree** · 09-22-2008, 10:25 PM

Always buy low and sell high. Real Estate is near the end of its cycle and prices are still high. Wait for the bubble to burst there, then look for a good deal. Stocks are traditionally good and a mutual fund is good for a novice investor. Again, buy low, sell high.... look at a 6 month chart and by low. We are on the downside of a market correction, as we speak. You could start by putting in a little now and a little a month from now etc, until you get it all invested. Diversify amongst asset classes such as stocks, real estate, bonds and some short term bonds or cash. See a Trustworthy Registered Investment Advisor who you can pay by the hour, (like me) and not a stockbroker who will charge you a commission and might try to sell you whatever is in his best interest (commission). I started out as one of those, so I know what I am talking about.

**Lenard Marvyn** · 09-30-2008, 06:54 AM

The housing market is in a major downturn. You are not going to find positive cashflow in many markets. Wait a few years until prices have bottomed. The market was very high in 1987 and it took 5 years for the market to bottom.

**fractional-homes** · 10-07-2008, 04:05 AM

Originally Posted by Lenard Marvyn

The housing market is in a major downturn. You are not going to find positive cashflow in many markets. Wait a few years until prices have bottomed. The market was very high in 1987 and it took 5 years for the market to bottom.

Fractional ownership in real estate has been quite solid in the past few years when the general housing market witnesses a major slowdown. One key reason is this form of ownership has good cashflow. You only need a fraction of the total cost to be a co-owner of the property and the home can generates a steady rental income.

Timing the market may not be the best strategy. When the real estate prices are low enough, many investors can find opportunities. No one will know for sure when it will reach the bottom.

**Codythebest** · 10-07-2008, 06:43 AM

What about a rental in the Great Smoky Mountain producing 20% CAP rate?

**BrianA06** · 10-13-2008, 03:03 PM

20% cap rate? That is good. I am finding max 10% in small to medium sized cities. I think rentals are where the growing cash flow is in this economy. Cant pay your mortgage? Guess that is another renter.

**suziclue** · 10-13-2008, 11:23 PM

Prices have soared way too high.. and it looks like we're on the verge of a depression. this is definitely not the time to get into real esate investment.. unless you find a steal of a deal..

**matthew050204** · 10-15-2008, 03:48 AM

The prices are seriously crazy at the moment. Incredible how cheap some nice houses are sold now ...
I am thinking of maybe investing in real estate do you know anything about cheap real estate on American islands? Im not sure but i think that the prices there shrank as well?

**BrianA06** · 10-15-2008, 02:17 PM

Originally Posted by suziclue

Prices have soared way too high.. and it looks like we're on the verge of a depression. this is definitely not the time to get into real esate investment.. unless you find a steal of a deal..

I think there are many markets in our country that are well worth investing in. If you believe the media then you are being fooled into our country being one big market where everything is the same. Yes some Florida and California markets got hit hard, but that is mostly from over building and second home sales and mortgages. Some Gulf cities and Midwest and Southwest cities never had the big peak in prices we had near NYC in the early 2000's. A few of those markets are very stable for commercial investing. I think this a great time for new real estate investors to get busy.

Finding undervalued properties that are "a steal of a deal" is always the priority in investing.