Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

1. Bryan/College Station, TX
2. Current unemployment rate (as of Oct. 2012)-5.6%; In Dec,2011 it was 6.4%
3. Avg. cost of 3 bedroom house = $133,950
4. Avg. rent = $1095.00/mo.
5. Avg annual taxes = $3,000
6. current dom = 90

I think our area would be great for you guys to invest in! It's a college town, home of Texas A&M University and "Johnny Football", the Heisman Trophy Winner!

Let me know what you think!

-Teresa Jo

1. Conroe, TX 77304 current unemployment rate 6% down from 8.51%.
2. Avg. cost 3 bdrm house $144,000.
3. Avg. rent $1,100
4. Avg. Taxes $3,000
5. Avg. Days on Market 34

1. Birmingham, AL
2. Current unemployment rate - 7.0% down from 7.6%
3. Avg cost 3BR home - $113,000
4. Avg rent - $1,012
5. Avg annual taxes - $1,130
6. Avg DOM - 101

Booyah! I win!

- John

1. oct.2010 7.1% oct. 2011 6.5% oct 2012 5.7% unemployment rate
2. 54902 average 3 bed house price. (Average price for sale $102,000) (Average price sold $84,400)
3. average rent: $850-$900
4. anual tax average: $2500
5. average days on market: 110days

Oshkosh WI 54902

1- Forest Hills, Queens NY

2- Current unemployment rate in Forest Hills - 7.8

Metro Area unemployment rate in 2011 - 8.9

Rate in 2012 - 8.7

3- 3 Bedrooms / 2 Baths $650,000 - $850,000

4- Rent for a 3 Bedroom - $2,317.00

5- $ 6,000 Yearly Taxes

6- Days on Market 180

US Open tennis stadium, and Citi Field, right in back yard, near all mass transit, and major airports

1. Independence, MO Current unemployment rate: 6.7% down from 8.7%
2. Avg. cost 3BR home: $80,000
3. Avg. rent: $700.
4. Avg. taxes: $950.
5. Avg DOM: 90

1. What city are you in?
Herndon, Virginia
2. What is the current unemployment rate and what was it 12 months ago?
Current 5.11%
12 months ago 5.62%
3. What’s the current average cost of 3 bedroom house in your area?
$405K – $535K
4. What’s the average rent for that same house?
$2.1K – $2.8K/mo
5. What are the average annual taxes for that property?
$3,900
6. What are the current days on market?
4 months

Glen Burnie Maryland

Current unemployment 5.8 % and was 6.1% OCT 2011.

Average numbers for 3 bedroom 1.5 bath homes.

Cost $262,312.04

Rent $1576.25

Taxes $1685

DOM 57

1. Garland Texas 75040, unemployment rate 6.3% (down from 7.9%)
2. Average cost $104,900
3. Average rent $1006
4. Average Annual Property Taxes $1933
5. Average Current Days On Market 89 days

(1) Fort Collins, Colorado (6 zip codes)
(2) Unemployment rate: currently 5.7%, down from 6% a year ago, and 7.8% two years ago
(3) Average cost of 3 bed house among 6 zip codes: $195,000
(4) Average rent for those same 3 bed houses: $1400/month
(5) Average tax for those same 3 bed houses: $1290/year
(6) Current DOM in this area: 49

Other info: unemployment has always been lower than national average; I've been a landlord for the last 12 years and the market has always been strong; college town; Colorado is within the top 4 states for appreciation in last 40 years; year after year Fort Collins has been at the top of the lists for best place to live, raise a family, start a business, etc.

I was born and raised here and would jump at the chance to be an area manager. Please let me know your thoughts.

Thanks much!
-Pete

1. Concord, California

2. Zip 94519 unemployment rate is: 3.8%,
Zip 94518 is: 5.66%, Zip 94520 is: 6.69%, Zip 94521 is:4.84%, all down from 9.6% in Contra Costa county 01/2012

3. Avg. Cost of 3 bedrooom: 94519 Zip

3 Bd/1 Ba $260,000 ($250 sq. ft.)
to $309,900 ($258 sq. ft.)
3 Bd/2 Ba $329,950 ($282 sq. ft.)
to $488,000 ($251 sq. ft.)

94520 Zip:

3 Bd/1 Ba $249,900 ($245 sq. ft.)
to $315,000 ($260 sq. ft.)

3 Bd/2 Ba $259,900 ($238 sq. ft.)
to $319,900 ($282 sq. ft.)

4. Average rent 3 Bd/2 Ba $1800-$2K/Mo.

5. Average Taxes $2800, Approx. 1.1% of taxable value.

6. 32 Days on Market is Median.

I have some other concerns that don't belong with this info. I will look to the last weekly wisdom, # 216, & post by Mon. night, 01/07/13. Dean, it is for your input concerning some PropertyDirectUSA transactions from the Dec. Summit.

I must go now, I rise in 4 hours!
All the BEST to all of us making new lives for ourselves in 2013 and beyond.

1.) Houston, TX (77040)
2.) Current unemployment rate - 5.8% (As of Dec. 2012 down from 7.3% in Dec. 2011)
Reference: http://tinyurl.com/HouRate
3.) Avg. Cost - $130,000 (3 bedroom house)
4.) Avg. Rent - $1,050/Month
5.) Avg. Taxes - $2,000/Annually
6.) Avg. DOM - 71 Days

Look at all the posts from Texas. Dean, if you and Matt aren't already in Texas... this is where you need to be.
Look at a report I posted on DG just the other day:
http://www.deangraziosi.com/real-estate-forums/market-trends-and-conditi...

As far as my backyard is concerned, I currently live in Brazoria, TX which is closer to Lake Jackson vs. Houston. There are major chemical plants in this area, DOW Chemical and ConocoPhillips are probably the largest. This usually requires a lot of rental property in the area during shutdowns and turnarounds. That said, I've included Lake Jackson's info as well:

1.) Lake Jackson, TX (77566)
2.) Current unemployment rate - 5.9% (As of Oct. 2012 down from 8.2% in Dec. 2011)
Reference: Google Public Data
3.) Avg. Cost - $123,000 (3 bedroom house)
4.) Avg. Rent - $1,000/Month
5.) Avg. Taxes - $2,400/Annually
6.) Avg. DOM - 90 Days

Hope this helps.
Thanks.
Brian

Here are the numbers

1. Longview Washington
2. Current unemployment rate is 9.9 down from 12/1/12 which was 11.7
3. average cost is 120k
4. average rent is 900.00
5. average taxes are 1200.00
6 average DOM is 103

Thanks Donna Doo

1. Riverside, CA
2. Current unemployment rate is 12.1% and a year ago it was 11.7 %.
3. average cost is $248,228K
4. average rent is $1330/mo
5. average taxes are $2,377
6 average DOM is 47

Thanks!

J.J.

1.unemploiment rate 5.2 down from 5.5

2.average cost 171,590

3.average rent 1,065

4.average taxes 2,860

5.average DOM 141

Finding this stuff was easer then I thought. I found it all in about 10 minutes.

Ed

1. Pasadena, Texas
2. Current Unemployment (5.8%) 12 months ago (7.2%)
3. Zip 77506 Average 3 bedroom 80k-100k
4. Average Rent 800-950
5. Average taxes $940
6. DOM 91

With me living in houston and the information i provided is where i grew up which would be pasadena, there are a lot of refineries in that area and the area is up and coming with new construction built and new gas stations and companies coming into the area. Hopefully you look into pasadena texas because with so much potential in the future the way things are going and been going past few years you will not be disappointed.

1. Stafford, VA
2. Average unemployment rate as of Sept 2012: 4.6%, Sept 2011: 5.3%
3. Average 3 bedroom in 22556: $280,000
4. Average rent: $1800
5. Average yearly taxes: $3156
6. DOM: 8

Source: www.zillow.com

this is great. not only can we check out ares for you guys, but we get to see how other areas are fairing. just checking into a new area in md. now, will get back a.s.a.p.
keep moving forward, rob

1. What city are you in?
Huntsville, AL

2. What is the current unemployment rate and what was it 12 months ago?
December 31st Data:
Average 2011: 7.8%
Average 2012: 6.8%

3. What’s the current average cost of a 3 bedroom house in your area?
$127,250

4. What’s the average rent for that same house?
$980 - $1036

5. What are the average annual taxes for that property?
$512

6. What are the current days on market?
120 Days

Here are the six questions to answer:
1. What city are you in? Lancaster City/Lancaster County area
2. What is the current unemployment rate and what was it 12 months ago? 6.4
3. What’s the current average cost of 3 bedroom house in your area? $124,484 (avg for homes for sale) & $95,056 (avg. Of homes that sold)
4. What’s the average rent for that same house? $1,032
5. What are the average annual taxes for that property? $2,500
6. What are the current days on market? 175

I picked 1 city. Where I reside I live around multiple cities and have tons of resources. With colleges all around me and so much more. Lancaster County is an area where New York/New Jersey/Maryland investors come to purchase and also reside.

1. What city are you in? Winter Springs (Central FL Area)
2. What is the current unemployment rate and what was it 12 months ago? 7.8% as of Dec 2012, 8.5% Dec 2011
3. What’s the current average cost of 3 bedroom house in your area? $150,000-$175,000
4. What’s the average rent for that same house? $1,100.00
5. What are the average annual taxes for that property? $2,500
6. What are the current days on market? 130
7. Winter Springs was rated 97 in top 100 places to live on money.cnn.com

What city? Punta Gorda, Fl.
Unemployment rate 10.5 last year 12
Avg cost 3 bedroom 130,000
Avg rent $800
Annual taxes $2100
DOM 120

Alexandria,Louisiana
Current as November 2012-5.8%,2011-7.1%
Avg.cost of 3 bedroom house $158,500
Avg.rent $625
Avg.annual taxs $1,187
current dom-112

Good morning lads,

Here are the six questions to answer:
1. What city are you in? //Sausalito CA, 94965
2. What is the current unemployment rate and what was it 12 months ago? Today:9.78 | YTD: 11.26
3. What’s the current average cost of 3 bedroom house in your area? 1M
4. What’s the average rent for that same house? 5 - 10K
5. What are the average annual taxes for that property? 10 - 20K
6. What are the current days on market? 153d

Cheers,
Daniel Pedersen
Bay Area, California

1. Ft Myers, Florida
2. Current 8.5% one year ago 10.7%
3. $134,500
4. Average Rent $1013
5. Taxes $1998
6. 15 days

1. What city are you in?
2. What is the current unemployment rate and what was it 12 months ago?
3. What’s the current average cost of 3 bedroom house in your area?
4. What’s the average rent for that same house?
5. What are the average annual taxes for that property?
6. What are the current days on market?

1.Jacksonville,FL
2.8.6 current January 8% a year ago
3.$136,220
4.$840
5.$1,500
6.80 dom

1. Unemployment rate
3.1% October 2012 down from 3.5% Oct. 2011

2. Averaget cost of 3 bedroom house
$130,000

3. Average rent for 3 bedroom house
$979

4. Average taxes for 3 bedroom house 130,000
$2350

5. Average DOM
140 days

Great rental town as the University of Lincoln takes up a lot of the population.

Not sure how much time I'll have to partner with you guys this year being one of RG Williams Apprentices and all. :)LOL

Here are the six questions to answer:
1. What city are you in?
Fairfax, Virginia

2. What is the current unemployment rate and what was it 12 months ago?
Current 5.1%, and 12 months ago 5.6%

3. What’s the current average cost of 3 bedroom house in your area?
$390K – $550K

4. What’s the average rent for that same house?
$2.2K – $3.0K per month

5. What are the average annual taxes for that property?
$4,200

6. What are the current days on market?
3 to 4 months

Here is link of altosresearch.com result for Fairfax, VA
http://www.altosresearch.com/research/VA/fairfax-real-estate-market

Fairfax is the heart of Northern Virginia, and very close to Washington DC. This area is booming everyday, and has been a hot spot for real estate investors. Since it is close to DC, thousands of people who live in Fairfax region work in DC. People ride metro everyday to commute and work in DC. I know many people even drive to DC to work on regular basis. Tysons Corner which is the business center of Northern Virginia and is in Fairfax County has a huge potential to be the next Chicago per Financial Experts.

City: Gaithersburg (Maryland)
Unemployment Rate: 4.7%. 12 Months ago: 5.1%
Average Cost of 3BR: $297,742
Average Rent: $1300
Average Taxes: $3,341.00
Current Days on Market: 93

1. What city are you in? -
PHOENIXVILLE,PA

2. What is the current unemployment rate and
what was it 12 months ago?

5.8% AS OF SEPTEMBER 2012. 5.4% in
December 2011.

3. What’s the current average cost of 3
bedroom house in your area?

There are many specifications while
looking for a house. A 3 bedroom house
may range from 1200 Sq feet to 4000 Sq
feet. Please provide the specifics.

Average for a 3 bedroom Townhome in our neighbourhood is 279,000

4. What’s the average rent for that same
house?
$1800

5. What are the average annual taxes for
that property?
2011 $4,674
2010 $4,592
2009 $4,435

6. What are the current days on market?
515