settingsLogin | Registersettings
Show Menu

I made some money in 2016 - where is the best place to invest in real estate?

7 like 5 dislike
70 views
asked Jan 4 in Business Opportunity by jcasia IBO Specialist (22,020 points)

2 Answers

5 like 0 dislike
Per the US Census, Georgetown, Texas is the fastest growing area in the US.  Based on the economic theory of supply and demand, this area may be worth looking into.
answered Jan 5 by GeorgePierce IBO Guru (2,350 points)
1 like 0 dislike
I have relatives who make money in real estate and from what I have seen they do the best when they buy abandoned and vacant homes in distressed areas. These types of properties are usually called "ugly houses" because they are damaged by fire or were boarded up. Also the areas are considered to be "low-income". The opportunity is that the state and city government provide grant money for anyone who wants to do "property preservation". If you are interested in investing in distressed properties you can flip them and then rent them out. I know people who do this for a living, the key is to find people who are good at making repairs and remodeling because they can fix up several houses at the same time for maximum return on investment.
answered Jun 26 by lauriekay IBO Guru (2,360 points)

Related questions

5 like 0 dislike
1 answer 20 views
8 like 0 dislike
5 answers 57 views
4 like 5 dislike
0 answers 14 views
6 like 4 dislike
2 answers 51 views
Participate - Click the up or down arrows for a question or an answer to anonymously show support. This helps boost quality content, weeds out bad.








...