I want a non bias opinion please.
2007-02-24 03:41:23 · 9 answers · asked by Robert M 1 in Business & Finance ➔ Renting & Real Estate
Scottsdale area of Arizona because ASU is growing so much, they are building a new transit system to connect all 3 asu campuses, and its a great city. In the past few years property has doubled and it will continue to go up. Utah is also a good place right now to invest.
2007-02-24 10:45:07 · answer #1 · answered by Anonymous · 0⤊ 1⤋
That will depend upon what kind of money you have to work with. If you need to buy something run down, under $75K, fix it up yourself on weekends and then sell it..... then the best city for you is the city where you live. You have to keep your day job and drive each weekend to your investment.
If you have one or two million sitting around and can fly to Hong Kong or Seattle, or Bangladesh or where ever....... the I have no earthly idea where you need to buy. Ask Donald Trump. He does stuff like that! (I don't think he reads this forum though...)
2007-02-24 04:44:32 · answer #2 · answered by teran_realtor 7 · 0⤊ 0⤋
Almost any larger city in California and Nevada.
But right now the hot hot market is Seattle. It is growing so fast that the prices are going through the roof. But you can still get a pretty good buy and flip it in two years.
The West Coast is the best.
2007-02-24 04:15:58 · answer #3 · answered by Nevada Pokerqueen 6 · 0⤊ 0⤋
Go where land is scarce.
The reason Los Angelse blew up is because there is no where else left to built. Same thing is currently happening in Seattle. Older buildings are being knocked down and larger Condo's are being built in it's place.
Fun fact: There are 72 Large cranes in opperation in the US (these cranes are used for building larger buildings) and 49 of them are in the Seattle area alone.
2007-02-24 06:45:39 · answer #4 · answered by The Drew 4 · 0⤊ 0⤋
There seems to be alot of building of homes going up in the
mohave valley arizona area. Alot of people from california
come out this way, they build and decide to sell right after
wards. Homes going up and commercial buildings for rent
as well. Gets pretty darn hot here in summer time, just so
you'll know.
2007-02-24 03:55:49 · answer #5 · answered by shadowtwo 2 · 0⤊ 0⤋
The marketplace here in S.FL is genuine gradual ideal now. a million) depressed marketplace for all different than particularly priced waterfront or waterfacing 2) severe taxes 3) hign coverage costs We S.Floridians are praying that our state gov't will pass some tax-harm legistlation quickly, yet till then, residences are shifting very slowly. some sources expenditures have long previous down via 15 to twenty% as a fashion to sell, mutually as others have not long previous down as lots. pattern: 3 mattress room, 2 tub ranch in NC is promoting for 180K, $1400 tax invoice/year. comparable domicile in FtLaud/Miami is promoting for customary of 300K+, with a $5600+ tax invoice/year (and 5K+ entire coverage fee.) the final analysis? a house with PITI funds of $1200 in NC fee you approximately $3000 in S.FL ideal now, so flipping is complicated for that reason. expenditures in N.Florida (Jacksonville, case in point) are somewhat greater life like, yet all FL cities are dealing with severe tax and coverage costs ideal now. once you're prepared to purchase depressed residences/fixer-uppers,your income could be somewhat greater ,yet revenues, even in "iffy" neighborhoods are nonetheless gradual.
2016-10-01 22:05:01 · answer #6 · answered by ? 4 · 0⤊ 0⤋
It all depends on the type of real estate you are talking about. Homes, retail, office space, multi-family etc.
2007-02-25 12:45:14 · answer #7 · answered by Scott R 1 · 0⤊ 0⤋
Las Vegas. My sister bought a brand new house , sold it 5 months later & made $77,000 on it. Good luck!
2007-02-24 03:59:57 · answer #8 · answered by Minilover 3 · 0⤊ 0⤋
NYC as you can fix up and sell 700 sq ft for $500.000.
2007-02-24 03:48:50 · answer #9 · answered by Anonymous · 0⤊ 0⤋