Out of State Investing: Where's the Blue Ocean?

[John Fisher]

Because our Denver Metro market is saturated (top 10 in DOM, rent increase, sale price increase, etc), I am teaching a class July 18 on "Out of State, Out of Mind" Investing.  We have a lot of interest (and $ to invest) in out of state investing throughout Front Range Colorado.

Tell me how your local market is doing and if it's a good place for "carpetbaggers" to invest?  There are some areas that have been "over-fished" (Red Ocean).

We are interested in all exit strategies (Flip, Hold, RTO, and Owner Carry). Can you recommend your market? Why?

Thank you,  John Fisher

[Hattie Dizmond]

DFW!!  It's the pits for cash flow, but it's great for flips, with areas of moderate to high desirability 30-days DOM and less.  (< 7-days in some of my favorite Richardson neighborhoods.)  However, prices have NOT gone the way of the Denver market.  You can still get a 2,000 sq ft house, in a great neighborhood for <$300k.