As a Designer and someone who lives in a near-by neighborhood, I want to be a part of our town's re-development and have identified these vacant lots as somewhere I would like to find investors to work with to build new homes sprinkled in to this particular neighborhood, which is right on the edge of downtown.While the real estate prices for existing homes in this area aren't great, new construction prices around town for other developments are running $175,000-$250,000.

Make sure to do a thorough market demand study and stay away from small towns that are not growing or producing jobs.

I will be in town this weekend and Monday and I am interested in making some new connections in local real estate. 

And was built in 1952.

And was built in 1952.

Anyway I'm much more comfortable with A+ numbers in a B market that doesn't have amazing appreciation than B- numbers in an A+ market, which is what you'll mostly find in Austin until you get out into the distant suburbs or surrounding towns.

(That’s a Warning Sign.)By MATTHEW GOLDSTEIN, ROBERT GEBELOFF, ROSS MANTLE and MATT RUBYSEPT. 12, 2018This quiet working-class town, just beyond the glitz of the Las Vegas Strip, helped spark the global financial crisis 10 years ago.

I am currently out of town doing some military training but when I return I plan to move forward with possibly going under contract if this deal checks out.

In the Western Chicago Suburbs (Westmont, Villa Park, Wheaton, Lombard, Addison, etc...) there are many apartment buildings located right next to a clustering of all the same exact built buildings, typically each with a different landlord/owner. 

So most newbies quickly turn to trying to flip houses off the MLS and not only don't they make any money but they ruin their reputation with every investor in town before they even get started.