Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

Imagine if you could get paid for bringing deals to Dean? And just for applying for that opportunity, you wound up with a spanking new mini-iPad too? Wouldn’t that be sweet? Well stop imagining. It could be you. Watch this video and leave your post below. You could win Dean’s mini-iPad and be his next area manager – too easy.

Here are the six questions to answer:
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?

Please do your research and post your answers below.

Clearwater, Florida - Area Manager

mungo1968's picture

Dean & Matt,

Thank you for the opportunity. I've been a student for 1 year this month. Last month I finally took action and have already made over 20 offers. I am making this happen one way or another. I just know it will happen faster as a team. I live centrally located between 5 cities in the Tampa Bay area: (Clearwater, Tampa, St. Petersburg, Tarpon Springs and Dunedin). The market is hot right now!

1. What city are you in?
Clearwater, Florida

2. What is the current unemployment rate and what was it 12 months ago?
Today the rate is 7.3% / 12 months ago 8.8%

3. What’s the current average cost of 3 bedroom house in your area?
Average selling price is 145,000 for a 3br.

4. What’s the average rent for that same house?
$1,200 / month

5. What are the average annual taxes for that property?
$2,800 /year

6. What are the current days on market?
67 days average.

Answers to the 6 Questions

1. What city are you in?
Winter Spings, Fl. (Orlando Suburb)
2. What is the current unemployment rate and what was it 12 months ago?
current 8.3% / 12 mo ago 9.6%
3. What’s the current average cost of 3 bedroom house in your area?
$190K-%230K
4. What’s the average rent for that same house?
$1200-$1595
5. What are the average annual taxes for that property?
$2,028 - $4,083
6. What are the current days on market?
6-12mo.

Investor Area Manager

1. What city are you in? Gainesville, Florida

2. What is the current unemployment rate and what was it 12 months ago? 6.6% now. 12 months ago 8%.

3. What’s the current average cost of 3 bedroom house in your area? $165,000

4. What’s the average rent for that same house? $1200

5. What are the average annual taxes for that property? 2800

6. What are the current days on market? 197 days

Stroudsburg, PA

necromage's picture

1. What city are you in? Stroudsburg, PA (Poconos)
2. What is the current unemployment rate and what was it 12 months ago? Current, 8.9%; 12 months ago, 8.5%
3. What’s the current average cost of 3 bedroom house in your area? $190,000
4. What’s the average rent for that same house? $1,300
5. What are the average annual taxes for that property? $6,000
6. What are the current days on market? 143 days

Thanks!

Investor Area Managers

1. What city are you in? Denver, CO

2. What is the current unemployment rate and what was it 12 months ago? 7.9% / 8.8%

3. What’s the current average cost of 3 bedroom house in your area? $250,200

4. What’s the average rent for that same house?
$1892
5. What are the average annual taxes for that property? $1,277.11
6. What are the current days on market? 87

Additional Comments: I am a long time California RE Broker and Dean G Fan....My wife and I recently moved to Denver to grab more Real estate opportunities. My wife is from Denver and now I can take advantage of my license in Denver as well. There are many bargains to be had out in Colorado...

Answers to 6 questions

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 Charleston SC
2 not sure but bad
3 55000
4 850 month
5 350.00
6. please explain question

Yoyr next Investor Manager - north Dallas/DFW area

Thanks for the great opportunity - you are so innovative!

1. Carrollton, TX, but also greater north Dallas, TX area
2. Unemployment rate 6.6%, down from 8.6%, job growth 1.43%
3. $159,500 -average cost of 3 bedroom house
4. $1,000 to 1,200 - average rent for that same house?
5. $3,000 - average annual taxes for that property?
6. 30 to 45 - DOM - I have been asked to sell my house, due to houses over the $150 to 250k mark selling in two weeks in my area. 90+ days for the real dogs.

Housing sales are up in the general north Dallas area – I can give you any amount of time you want to complete any tasks necessary in the area. I will be a “best in class” Investor Manager for you. I am a proven in success in multiple fields – real estate is the chosen field for the future – count me in – call on me and you won't be sorry!!

BABlessing

Investor Area Manager

facefears's picture

1.Springfield Massachusetts

2.(Latest) October 2012: 7.3 uemployment rate. January 2011 was 9.9 then droped to 7.5 in october 2011 (12 months ago) (bureau of labor statistics)

3.Average 3 bdr. 119,500

4.Average Rent $1,200

5.Average taxes $2,000

6.DOM 102.

Springfield, Ma is a growing metropolitan city. It is home to the basketball Hall of Fame and MGM decided that springfield is the right place to invest in. MGM will build a casino in Downtown Springfield, creating more jobs and attracting more people to the city. Also other real estate investors from other cities and states like Conneticut are coming to springfield to invest in real estate. Alot of opportunities,Please send me a message or email.

Seeking Area Managers Decatur GA

ProfitsDiscounted's picture

1. What city are you in?

Decatur,Ga

2. What is the current unemployment rate and what was it 12 months ago?
2012 Jan 4743544 4306711 436833 9.2
2012 Feb 4750761 4319772 430989 9.1
2012 Mar 4758307 4332419 425888 9.0
2012 Apr 4753689 4331155 422534 8.9
2012 May 4757140 4332549 424591 8.9
2012 Jun 4757401 4327868 429533 9.0
2012 Jul 4761563 4323434 438129 9.2
2012 Aug 4759851 4321164 438687 9.2
2012 Sep 4776102 4347687 428415 9.0
2012 Oct 4793244 4375127 418117 8.7
2012 Nov 4800345(P)4390796(P)409549(P) 8.5(P)

3. What’s the current average cost of 3 bedroom house in your area?
187,000

4. What’s the average rent for that same house?
$925 /mo

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

8472

6. What are the current days on market?

Updated a day ago

SEEKING AREA MANAGER- RALEIGH, NORTH CAROLINA

RALEIGH, NC
UNEMPLOYMENT RATE: 6.4%
12 MONTHS AGO: 9.1%
AVERAGE 3 BEDROOM HOME $151,000
RENT: $1400
TAXES:$1,392 YEARLY
DAYS ON THE MARKET: 180 DAYS

Let's Do This!!! - Chicago Suburbs

reneebills's picture

1. Joliet, IL (data for zip 60435)

2. Unemployment Oct 2012 - 9.9% down from 11.7% Oct 2011

3. Ave detached 3 bed - $136,220

4. Ave rent - $1600

5. Ave prop taxes - $4000

6. Current DOM - 126

Joliet is a FANTASTIC town for landlords and GREAT cashflow. It's completely realistic to find a $70,000 house, needing minimal work, that you can rent out for $1200-1300.

Investor Manager- Twin Cities Metro Area

1. City- Maple Grove, MN
2. Current unemployment rate- 5.5%
12 mo. ago- 5.8%

3. Ave. Cost 3-Bedroom Home- $150,000
4. Ave. Rent- $1100

5. Annual Taxes Ave.- $2450

6. Average Sold Days on Market- 55.

This is where you need to be.

SAN ANTONIO TEXAS

hecpri007's picture

1. San Antonio Texas
2. Unemployment Rate 2012 6.2%
2011 7.4%
3. Average Cost Per Sabor
2012 $194,918
2011 $174,918

4. Average Rent $758.00 to $1635.00

5 Annual Taxes $2,484 or 2.12% of property's estimated market value.

6 Average days on market:
Active 163
Off market 92

Hope this helps,
Hector
210 937 2366

Seeking Investor Area Managers

1. What city are you in?
Westerly, RI
2. What is the current unemployment rate and what was it 12 months ago?
current: 8.7%
12 mos. ago: 11.1
3. What’s the current average cost of 3 bedroom house in your area?
Public data: $329,900
According to sales within 6 mos: $551,318
12 mos:$554,718
4. What’s the average rent for that same house?
$1500-$1800
5. What are the average annual taxes for that property?
$2400
6. What are the current days on market?
148

Seeking Investor Area Managers.

ctown's picture

I'm in Cleveland,Ohio but I'm giving the statistic for two nearby suburbs of Cleveland that are minutes away which is Maple Hts. and Bedford Hts.

1. What city are you in? Maple Hts. Ohio 44137

2. What is the current unemployment rate and what was it 12 months ago? 2012(Current)8.9% 2011 9.6%

3. What’s the current average cost of 3 bedroom house in your area? $58,000

4. What’s the average rent for that same house?
$900 a month

5. What are the average annual taxes for that property? $2,100

6. What are the current days on market? 257 days

*************************************************

1. What city are you in? Bedford Hts, Ohio 44146

2. What is the current unemployment rate and what was it 12 months ago? 2012(Current) 7.3% 2011 8.0%

3. What’s the current average cost of 3 bedroom house in your area? $73,000

4. What’s the average rent for that same house? $1,000 a month

5. What are the average annual taxes for that property? $2,200

6. What are the current days on market? 200 days

Area Manager

1. Newport News, Virginia
2. current unemployment rate 5.6% - Dec 2011 7.5%
3. $130,000
4. $1,200.00
5. $1923.1
6. 25 days since been on market

Seeking Investors in Overland Park

Susanj8227's picture

1. Overland Park, KS

2. 5.4% currently - 12 months ago 6.0%

3. Median 3 bedroom house is $201K

4. $1500-$1800

5. $4300

6. 40-60days

Area Manager - Elizabethtown, KY

1. Elizabethtown, KY
2. Current unemployment rate - 8.0%; January 2012, it was 9.5%
3. Avg. cost of 3 bedroom house = $120,000
4. Avg. rent = $850.00/mo.
5. Avg annual taxes = $1,250
6. current dom = 160

I think we could make excellent partners. I can find some deals, I just need a financial partner. I hope you will seriously consider me.

Thanks,
Kevin Addison

weekly wisdom 217

1 Santa Rosa calif.
2 employment 8% now 6.4%
3 average price 550,000
4 rent 1100- 2000
5 tax 5000
6 dom 91

6 questions

(1)Houston,Texas,(2) 6.5%,8.2% (3) 99K/1700sq/ft(4)1200/mo(5)4-6K(6)90

Area Manager - Elizabethtown, KY

1. Elizabethtown, KY
2. Current unemployment rate is 8.0%. In Jan,2012 it was 9.5%
3. Avg. cost of 3 bedroom house = $120,000
4. Avg. rent = $850/mo.
5. Avg annual taxes = $1,250
6. current dom = 160

I think we would be excellent partners, I can find the deals, I just need a financial partner. Hope you choose me.

Thank you,
Kevin Addison

Area Info

1) Moline IL 2) Oct 2012 6.9%, Oct 2011 7.6% 3) $98,770 for 3br 500-2000 sq ft 4) $2500 - $3000 for assessed value of 100k 5) DOM 103 (MLS stats but must take into account expireds, withdrawns relists making it really 120 - 150 days thanks

Pick me! Pick me!! :) (Weekly Wisdom #217)

gimp711's picture

City: Huron, OH 44839
Unemployment rate: 5.2% 12 months ago: 6.3%
Cost of 3 BD: $90K
Rent of 3 BD: $925/month
Property taxes: $1354/year
Days on market: <45

Reply to video for Area Manager

1. Corpus Christi, TX
2. Unemployment rate
Oct. 2011- 6.8%
Oct. 2012- 5.4%
3. Average Cost of 3 Bedroom- $139,000
4. Average Rent- $1,250/mo.
5. Average Taxes- $3,300/yr.
6 Average DOM - 94

Look forward to working with you guys.

1.What city are you in?

1.What city are you in? Orlando,FL

2.What is the current unemployment rate and what was it 12 months ago? 8.0% as of dec/2012 and it was 9.9% December 2011

3. What’s the current average cost of 3
bedroom house in your area? $196,949

4. What’s the average rent for that same
house? $1,275

5. What are the average annual taxes for
that property? $2,556.61

6. What are the current days on market? 452

New Investment Area for Dean

Dean,

I am a motivated guy who lives in a prime area for investment:

1. Provo, Utah Metro Area (I live next door in Springville, Utah)
#1 Best Places for Business and Careers (Forbes)
#1 Fastest Growing Metro Area (Forbes)

2. Unemployment 2012--5.4% (BLS)
Unemployment 2013--4.3% (BLS)

3. Current cost of a 3 bedroom home--$150 k (Provo)

4. Average rent--$1100 (Provo)

5. Average annual property taxes--$1761 (1.174% of same home value)

6. Days on market--55 (estimated by realtors but very dependent on specific area and property type).

With the explosive projected growth, high quality of life, and reasonable property values (on the upswing now), Utah County is a great area for your efforts.

Thanks.

Your Future Partner

Rental Info

michaelmangham's picture

Denver, Co.
1. Unemployment. Now at 7.4 % Was at 7.8% one year ago.
2. Average 3 bedroom RENTAL property cost $115,000
3. Average rent $1350
4. Taxes = $960
5. Average DOM = 60 and dropping.
6. Vacancy rate for SFH rentals is less than 1.5%

Rents are rising and the vacancy rate is dropping.
Providing #6 should win me the ipod! Ha!

Thanks for all you do,
Michael

Reply to Looking to hire two of my readers

I am building a business in 2 markets:

Santa Fe, New Mexico:

Unemployment rate as of October 2012, 4.9% (DOL)
Unemployment rate as of January 2012, 5.8% (DOL)
Unemployment rate as of October 2011, 5.8% (DOL)
Cost of 3 BR as of November 2012, $ 324,700 (Zillow)
Median rent Approx. $1,046 (areavibes.com)
Median taxes Approx. $1,899 (areavibes.com)
DOM 220 days (realtytimes.com)

Albuquerque, New Mexico:

Unemployment rate as of October 2012, 6.4% (DOL)
Unemployment rate as of January 2012, 7.6% (DOL)
Unemployment rate as of October 2011, 7.6% (DOL)
Cost of 3 BR as of November 2012, $  170,000 (Zillow)
Median rent Approx. $712 (areavibes.com)
Median taxes Approx. $2,573 (areavibes.com)
DOM 71 days (http://albuquerquenmrealestateandhomes.com)

Average cost of SFH in Miami-Dade County

1- Miami-Dade County
2- Unemployment rate = 9.8% Oct/2012; 10.7% Oct/2011
3- Rent average= $2,100
4- Cost average=$299,164
5-Days on Market: State 134, Metro 152
6- Estimated Ad Valorem Tax = $3.798,08

Area Managers!

1.Mound Mn which is a suburb of Mpls Mn. This area is by Lake Minnetonka. So there is two sets of comps, the ones one the lake and the ones that are not.

2.Unemployment currently is 5.6. January 2012-5.5
3.Avg cost for 3 bed-142k, on lake avg cost is 600k.
4.Avg rent for non lake homes is 1500.
5.Annual taxes-2100
6.DOM-73

I am also very close to many surrounding communities that are all over the metro so lots to chose from!
Thank you!