Ohio City has been booming and it will continue very trendy and its the place to be after college ...

When people mention a certain area is becoming trendy it always seems to correlate directly to the housing value in that area.

I am not saying that is a valid reason to run out and get a bank charter, but if you are rich like he is you are probably a lot smarter than I am and can see where the trend is heading.

Purchase price: $2,150,000 Cash invested: $407,000 Sale price: $3,990,000 This 9 Unit Multi-Family is located in the Alamitos Beach Long Beach, CA. 11 beds, 9 baths, approximately 6,383 square feet and was built in 1959.this is a value add bottom-up investment approach Stabilization estimate 6 - 9 months. 6-7% Rental Cash on Cash Return25%+Sale (disposition) Cash on Cash ReturnThe property has 6 parking garages.3-minute drive, 9-minute walk to the beachGrand Prix, Located walking distance to trendy restaurants, shopping, art, coffee

Being San Diego properties the trend is to have the value go up but there are months where the Zestimate goes down a little bit due to the recent sales. 

It's in a small village but it's becoming kind of a trendy place, within a (long) commuting distance of the city so artistic types seem to be going there to get out of NYC.

Trend is more studio/1BR than 2BR/3BR.

Appreciation is great in the suburbs and the “hot, trendy” areas of the city (Broad Ripple, Fountain Square being the most well known). 3) I just flew to Indy and drove around the areas.

You have some trendy areas that go through revitalization.

I think a consistent growing trend is a requirement, and then appreciation/growth potential is an option.