Four years ago, while reporting a story about the drought, Emily received a tantalizing tip: In a small town in the Mojave Desert, salespeople were making tens of millions of dollars hawking empty desert land to unsuspecting buyers by convincing them the area would boom one day — and if they got in now, they could get rich, very rich.

Each city is different in what it has to offer but Texas is a booming state that has a large influx of population coming to it because of its business-friendly economy.

Good PMs are hard to come by.A 180k house in the boom that dropped to about 60k in the crash is about 100k now a days.   

This, of course, requires some skill, but if you've got it - boom...2.

Over the past several years, with the market booming, nobody seemed to be interested in anything that deviated from standard fund model. 

So I wonder if the employee who makes deposits for the Denver county tax collector is going to get hassled at the bank for bring in smelly cash.

There is also a cap on the ARV allowed now at 80%.So in the last boom, you may have had a builder go under that borrowed the full amount and spent all up front.

(I'm kind of copying @joederobertis' other post asking for predictions about beachcities poised to boom.)Since so many neighborhoods in LA have been gentrifying recently into "cool yuppy/hipster" areas.  

Sorry for not updating this thread for so long, the last 12 + months have reminded me of the 2007 real estate boom.

When you want to watch TV, the screen comes down, the projector goes on, boom you have a super TV room.