Thread: Where should I buy?

If you are referring to specific parts of the country to invest, I personally like the midwest. Indiana, Michigan, and Ohio all have very inexpensive properties. So you can invest a smaller amount per property, yet the rents are quite strong in comparison to home prices.

Did I understand your question right??

My efforts are not purely self promotional here I believe that Houston is the very best market to put your money in. My reasoning is that the Houston metro is about 9% under valued according to historical terms. Which mean that any down side potential is limited. Houston has the strongest economy in the nation. Houston has the highest population growth of any major MSA in the country. It looks as though that trend will continue. Houston is some what insulated against the economic down turn and this shows y the shipping numbers and job growth numbers for the metro this year. Houston showed expansion while the rest of the country showed contraction. And finally rents are very strong compared to home values along with the fact that the Houston rental rates have increased almost 13% this year.

Yes, i also follow the same thing in case of the investments. Can you provide some investment to invest in high growing marketplace.

I have properties (Resort Area less than 5 minutes from Walt Disney World) 30-50 cents on the dollar in Florida. We are way oversold here.

If your strategy is to hold on the property for 3-5 years you can make some serious money.

I liked your deal, but can you provide me some detailed property description. I have an offer for you to swap up lands.

I have been doing some market research this
week and certain areas of Charlotte NC seem
good, ie: New build in the Steel Lake Area and
near Lake Wiley.

Anyone have any investments there or know
the area?

Feedback

Wallace Hobbs

Have you thought about investing overseas? We have seen amazing investment growth in real estate as part of a booming ski resort over here in Niseko, Japan.

With all the financial turmoil, prices here have remained stable so far and winter always brings increased investment.

I'm not trying to self-promote - but there is a reason why I'm over here

Florida is a great place to buy really discounted props.

Just sold to investor, A house built in '06, Lot originally cost $45,000. It sold in '06 for $285,000 and just sold to investor as rental property for $36,000. this is 4 bed home by the way, 1700 sqft. Rents are around 900 a month!!! OH, yeah, 30 minute drive to beaches!!!

Florida area always best place to buy property because when markets comes up it can jump unbelieving, very like and most famous tourist place of America, so i think right time to grab property in Florida area.