Many investors in Newark, Paterson JC will purchase a damaged Multi Family, repair it and then Refinance with a Private lender which grows the equity in it from fixing it up. 

Am a new BP member from Lusaka who would like to learn more on real estates since its a growing industry in Zambia.

I'm ready to take the leap stateside to see how big I can grow this but this is entirely different to my previous experience which I'm pushing aside to start my learning anew.I've narrowed down my search from multiple states to Florida with my top 3 major cities of Tampa, Orlando and Jacksonville (in order).

I've gotten to the point where I'm seeking to start and grow a real estate portfolio. 

Here are some things about Houston People do not know about.Last year+23,600 jobs (.088%) Growth in Jobs not loss2nd largest exporting port in the world, for every ship that comes in 2 go out2 international airports in Houston2 of the largest airlines in the world Hub'ed out of Houston (Southwest and United Airlines)Largest medical facility in the world (If it was its own city it would be the 16th largest city in the country)Fastest growing population in the countryTexas is the 10th most business tax friendly state in the country and if it were to not charge a franchise tax it would be #1.205,000 Non-Owner occupied homes in Houston1 out of every 4 people in Houston rentsIn a down economy the rental market goes crazy because when these people lose their jobs they become renters which drives up the rent pricesHope this helps clarify the Houston market 

North Vegas may have this potential too as the economic there is growing...

It is growing into a high class market.

What if rents grow at 3% annually, but property values grow by 8% annually in an area?

It has been a challenge being an all cash buyer when 24-30 yrs old i was asked to provide additional proofs of funds and would just embrace it as growing pains.

In my mind, begin to evaluate neighborhoods based on where I've lived growing up.