Profile picture for gmurakami1

Where are the areas of the country that are best for real estate investment?

Looking for the best places in the country to put our money in real estate investment.  Where are the best places?  Where are the areas to avoid?

  • February 07 2009 - Colorado Springs
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Answers (25)

Go with the best place on earth. New York City!!! Email me, nardeen@rapartnersny.com
  • March 20
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our area...when you have the right management team on your side

feel free to contact me to discuss your goals
  • March 20
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Hi,

Last year the real estate data firm Trulia analyzed the rent prices on 25 of the largest markets in US. What Trulia discover is an average annual increase of 3.9%.  In New York City, Miami, Boston, San Francisco and Los Angeles rents often make up half or more of the renter's average monthly wage.

From the Investment side, this are the best places to invest in Real Estate.

Best Luck,

Maria Cipollone
J C Realtors Group
  • March 20
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all else equal...look for population growth that is above average and increasing area employment.

  • March 19
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You might take a look at Oregon. I recently saw a statistic that Oregon was one of the more stable areas for house prices. I sell alot of HUD foreclosures and my investors have been very satisfied with their purchase price in relation to the recent FHA appraisal that is done on each and every HUD foreclosure.
Email me for a list of Oregon HUD foreclosures or visit www.HUDhomestore.com for inventory across the nation.
Good luck!
  • January 12 2011
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Profile picture for Dunes....
And the #1 Answer from RE Agents

My Area....Call Me
  • January 11 2011
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North Carolina. Raleigh or Charlotte. We didn't take as big of a hit as out west. Therefore, it will not take as long to recover. Charlotte will soon be the home to the largest power company in the country, Duke Energy.
I also read an article that talked about Miami being one of the best places in the country right now to take advantage of.  Many foreign investors are buying the distressed condos for major discounts right now.
  • January 11 2011
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Profile picture for Nick Zappa
Montrose CO. is an awesome place to live and retire. We have a Buyers Market and there are many oppurtunities to make great investments both in the Commercial and residential rental market.
  • January 11 2011
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RiverRegionTeamYou might want to take a look at the Montgomery, AL area, which had previously been identified as an under-valued market.  It is actually Montgomery, Elmore and Autauga counties (the Tri-County or River Region).  This locale is economically stable being home to state government, Hyundai (and suppliers), and Maxwell and Gunter AFBs.  The rental market is solid.  The weakest segment of the local hosing market is high-end, new construction homes.  We are still trying to sell off some high inventory there.
  • May 07 2009
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Las Vegas. The entire city is one huge 50% off sale right now! With people losing their homes, they still need somewhere to live and rent, right?

The cheapest sale I've seen this year was back in Feb. 2009, an 1100sf home on a 7000 sf lot sold for $9,900.
  • May 05 2009
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Texas! Texas! Texas!

I currently have 4 houses that are being leased and the experience have been great!
  • May 05 2009
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Profile picture for patoebo
HAWAII
  • May 02 2009
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''The places that have been hit the hardest are some of the safest bets right now"....

Makes good sense to me, SoCal fool. The places that have felt the greatest declines should have the greatest opportunitties dont'cha think.

Why is that retarded, oh great simmering mouthing off moron?
  • May 01 2009
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''The places that have been hit the hardest are some of the safest bets right now".... Agent Linda circa mid 2009''

Please file this under " Realt@rd of the year candidates"
  • May 01 2009
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Profile picture for weebear
I said it here before, Shelter Cove,CA is problably the best deal for coastal land in the west coast(California). It has gone up but still at a great price compared to the rest of california. It's in the beginning developement stage. Meaning there is oppurtunity there for a business. Go put a search in for it and check it out. It's the hidden Hawaii that people don't know about(bannana belt, and one of the best).
  • May 01 2009
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The places that have been hit the hardest are some of the safest bets right now.
  • May 01 2009
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We've seen $280 per sq foot and now you can find deals at $64 square foot. I like it here.  
  • May 01 2009
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Profile picture for Bretzke
Close to home is the best place to invest in real estate.  When  you know the neighborhood, the housing stock, the market, you will be successful as a real estate investor.  
  • May 01 2009
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I know of homes that were over $200 sq. Ft. that are now at $95. sq. ft.
Land is also very reasonable in the Pikes Peak Colorado region. I think that Mountain and Coastal regions are good investments. Who does not want to retire to the beach or the mountains?
  • May 01 2009
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I wish there were a single answer to your question. When investing in real estate, there are many and I mean many factors. There are tricks of the trade and I will be more than happy to discuss these with you. Personally, I think the coastal areas are the best long term. Remember location, location, and location! To be a smart investor you should consider the past, the present and the future returns and history! You can contact me @ lagunacastles@cox.net or 949-378-4005 Cell.
Steven Abraham
Prudential CA Realty
Laguna Beach, CA
"24 Years of Professional Real Estate Experience"
I specialize in Coastal Estates, Equestrian Estates, Multi-Units, Vacant Land, Commercial Real Estate and Business Opportunities.

  • May 01 2009
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As far as investing, it depends on what your goals are.  Do you want to live close to your investments.  Some landlords like to take care of their own rentals.  Some landlords have mangement companies take care of their investimen.  Is this your 1st investment property?  If so, you may want to invest in your home town.  I have a 4/plex and 2 single family homes that are in Colorado Springs.  I like the hands on investment.  I want to see what is happening to the property.  I've helped many investors to sell their investment and to their surprise the mangement company didn't do near what they said they were doing.  So really it's up to you.  I don't think any area is a bad area to invest, you just have to look for a good deal.  Which is kinda easy in these days.
Gilda Baxter GRI, SRES
Gilda@GildaBaxter.com
  • May 01 2009
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depends on you goals.  Short term long term cash flow are two different animals.  One you are banking on appreciation, the other you are banking on long term cash flow.
  • April 09 2009
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Teller and Park county Colorado is rife with foreclosures. Banks are also starting to respond to offers. Home values are down but once they start to creep up you won't even be able to get the modulars for less than $100,000.
The market is on the crux of shifting again.
  • April 07 2009
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Profile picture for magicdude
This question came up at an investor's meeting last week. I live in the Tacoma/Seattle area (so that might have some bearing on what the group was saying).
The general consensus was that any GOOD (non warzone) neighborhood on the west coast is a great investment. Also, any places the "baby boomers" are retiring to (such as the Phoenix, AZ area) are good investments. Areas such as these will continue to have dramatic growth in the forseeable real estate rebound; and should bring you a substantial profit in the long run.

On the other hand, the group also agreed that you can find a profitable deal just about anywhere; IF you know how to structure and present offers in that area (but still avoiding any and all "warzones").

Take the time to educate yourself; perform your "due diligence"; and make lots of offers with an "easy-out" clause. Examples are "Offer contingent upon buyer locating acceptable financing"; or ...contingent upon buyer locating acceptable long-term tenants prior to purchase."

Another trick for making lots of safe and easy offers, is to state "Earnest money in the amount of $XXX.xx to be paid at time of closing." Put it on the contract offer, or add it as an attached "promissory note". That way, you don't have to actually put out any cash (nor do you have to release any of your account numbers with your offers). These techniques are legal and safe; and they free you up to make all the offers you want with no undue risks on your part. You can back out of your offer at any time, and you won't be releasing any sensitive information.
When someone expresses an interest in your (low) offer, be careful and move forward with your negotiatiions. That way, you can make good money in almost any real estate market.
(Did I mention to avoid the warzones?)
  • February 12 2009
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Profile picture for Jon Petersen
my opinion...the places already hit the hardest. Riverside county, ca is one of them, and prices have dropped 60%-70% in many places. The prices are crazy. Many houses with 20% down will have a mortgage of half of the rent they would bring in.(I have looked into a couple in the city of menifee where they are around 150k, good condition, after tax and insurance would be about $800 month for 30yr fixed and paying down around $200 month of principle. Rents for $1500 easy.


I dont know about the rest of the country, but I like those numbers, and will be buying my third house in a couple months here.
  • February 09 2009
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