The market:  Omaha has been in a total seller's market for the last couple of years, and this past winter, in which the cold weather typically slows sales down until spring, it remained hot, setting up for a crazy spring.  

You make your money on the purchase - not on the sale or on the "cash flow".There are opportunities to make money in certain "hot" markets on occasion like Denver and Austin, but on the whole, the majority of your money is going to be made from the purchase price of the house when you bought it.  

It is a hot market, but I think there are still locations where it makes sense to invest.

IMHO, the cold hard reality of Raleigh/Durham and the immediate surrounding suburbs is that it's very much a hot sellers market and my guess is that prices are at or rapidly approaching the top of the current market cycle.

Hi Albert Melo, Lol absolutely, it sure is getting hot out here.

About two months later in June, we had a HOT and HUMID few weeks here in Michigan, and in the kitchen I started smelling a musty stench.

From what I can tell Old Town, Westworld, TPC, and Desert Ridge seem to be the hot areas.

Hey everyone,New investor here, i'm looking to purchase my first rental property and my main issues are :1-Like most places the market i'm in is very hot now, the numbers are not adding up very well and there's no way in hell to find something that will make 10+% cash on cash.2-The only "cheaper" better performing stuff will not be the beautiful brick and mortar, 4 or 6 plex, you know the one that was built for that purpose.

We finally completed all of the rough-in work, moving walls to add a master bathroom and indoor laundry, and fixing the never-ending list of broken things that need repair on this 60 year old home in VERY VERY HOT Cathedral City, CA.   

Is your area a hot market?