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Updated about 6 years ago,
Hot and developing areas. Or just great places to invest.
I wanted to read about people’s success across the country but didn’t come across anything that was dedicated to this. I’m in Los Angeles which is still very hot right now. I do moetgages and I had a client that bought a property for 800k and two weeks later a developer offered him 1 mill. Orange County on the other hand has gotten a little quieter in that last couple months. Properties are sitting a bit longer. Where as before, they were getting multiple offers the first week or two. I have a couple multi units in southern Ca and the apretiation has been great!
I also own a sfr in Murfreesboro Tn. It has also done well.
I have a client that does a lot in Ohio and I get properties sent to me from there too. Sounds like it has great cash flow in Oh.
I am starting to get into commercial. 50-100 units. This is my next goal. Seems like if you get the right one, its great cashflow and less hand on management
I wanted to see where others are having success. What markets are you seeing that are up and coming opportunities? I hear Atlanta is hot right now. I have a friend that invests in Michigan. He likes it there.
What areas/opportunities do you like?