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

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asked Jan 4, 2017 in Business Opportunity by jcasia IBO Specialist (21,990 points)

2 Answers

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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, 2017 by GeorgePierce IBO Guru (2,580 points)
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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, 2017 by lauriekay IBO Guru (2,360 points)

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