Where in the country is good to invest in realestate.?

Question

I'm looking for area where I can buy homes that will provide me with a positive cash flow. I would also like to "flip" some homes. Anyone got any insight on where a good place is?

Answer 1

I have heard that the Carolina's are a good place to go, and also Tennessee. I live in Florida.People were flipping houses here like crazy a couple years ago. But now the prices are way to high so people started heading north a bit. You can still get a great deal on a house in Tennessee.

Answer 2

Houston, Texas! Condos are spurting up everywhere in rural H-town, the realestate has been booming here. The properties are priced way lower than other states like California and New York or Florida, and it continues to grow. Houston is very big, its very spread out, but there are communities that are beautiful and the closer to downtown you buy, the more your property is worth. In the last 13 years properties within a 10 to 15 mile radius from down town have doubled and even tripled in worth.. Good realestate investments in Houston.

Answer 3

The Central Plains States between the Rockies & The Mississipi & Missouri basins. In towns surrounding Metropolitan Areas along the Interstates.
AS GROWTH INWARDS FROM THE COASTS HAS CAUSED PRICES TO SKYROCKET IN THOSE AREAS, YET THE HOUSING MARKET IS IN A DEPRESSED PRICE STATE IN THE MOST AREAS. THE COSTS OF REHABBING "TO FLIP" IS A VERY RISKY PROPOSITION IN THOSE AREAS. THAT INCLUDES EVEN SOME VERY NICE PROPERTIES. THE RISING COSTS OF COSTS OF MATERIALS & LABOR HAVE GONE UP & THE HOMEOWNERS HAVE NOT PUT IN ANY MORE MONEY INTO MAINTENANCE & UPGRADES BECAUSE THE EXTRA INVESTMENT COULD NOT BE RECOVERED IF THEY COULD SELL.
THE PLAINS STATES NOW HAVE POPULATION GROWTH AROUND THE MAJOR CITIES ALONG THE INTERSTATES BECAUSE GOOD HAVE TO FLOW BY ONE TRANSPORTATION METHOD OR ANOTHER THROUGH THOSE CITIES AND THIS IS THE LAST LAND AVAILABLE FOR BUSINESSES TO HEADQUARTER IN AT REASONABLE GOING IN PRICES.


IF YOU HAVE A LOT OF MONEY THEN YOU CAN TRY THE EAST OR WEST COAST OR GULF COAST AREAS,
SURROUNDING TULSA, OKLAHOMA & OKLAHOMA CITY IS A GOOD BET. AS IS SHERMAN/DENISON, TX ALONG I 35.
WICHITA FALLS TEXAS IS UNIQUE IN THAT IT HAS A METROPOLITAN STATISTICAL TRADE AREA OF ABOUT 250,000. BUT IT HAS ALWAYS BEEN AN ISOLATED TRADE AREA. WITH NOTHING BETWEEN IT FOR A 100 MILES TO THE NORTH (OKC), DFW METROPLEX TO THE SOUTH, AMARILLO IS 225 MILES WEST, AND SHERMAN DENISON ABOUT THE SAME TO THE EAST. EVERY MAJOR ROAD TO CANADA,, ALASKA, MEXICO, & ALL PARTS EAST & WEST CONNECT THROUGH IT. AS WELL AS TRAIN ROUTES.
SO ITS EFFECTIVE TRADE COMES FROM WELL OVER A MILLION RESIDENTS OF FAR NORTH TEXAS & SOUTHERN OKLAHOMA.
IT HAS CONTINUED A STEADY 3 to 5 Percent Home Growth through boom & bust with a Commercial Boom that is far above the national average. Yet Texas suffered the largest repossession rate in the nation as a whole because of lending practices. So there is a vast number of homes & commercial properties with Positive Cash Flow to be picked up at a bargain & though Material Costs have risen sharply as everywhere. Skilled labor costs are much lower in any of the surrounding area.
Plus the CITY has just agreed to a deal that they would bite the bullet & offer a better incentive factor than any other place.
Sorry for the Book length but TRADE ROUTES ALWAYS HAVE & ALWAYS WILL DETERMINE WHERE OPPORTUNITIES LIE.

Answer 4

Try CA the prices of houses are dropping a little and this is the state where you can get one of the biggest returns especially if you can find a fixer upper. I here that Florida, Arizona and Nevada is also a good choice. Remember loacatin, location, location....

Answer 5

probably within an hours drive of where you are.

Answer 6

geogia.