Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

1. What city are you in?
Parker, Colorado

2. What is the current unemployment rate and what was it 12 months ago?
Current: 6.6%
One year ago: 7.6%

3. What’s the current average cost of 3 bedroom house in your area?
$261,000

4. What’s the average rent for that same house?
$1,575.00

5. What are the average annual taxes for that
property?
$1,865.00

6. What are the current days on market?
64

1. Deer Park Texas (Metro Area of Houston, Texas)
2. 2012 Unemployment Percentages for Deer Park, Texas

Month/Year Deer Park% National %
1 / 2012 7.2% 8.3%
2 / 2012 6.8% 8.3%
3 / 2012 6.6% 8.2%
4 / 2012 6.2% 8.1%
5 / 2012 6.9% 8.2%
6 / 2012 7.6% 8.2%
7 / 2012 7.6% 8.3%
8 / 2012 6.9% 8.1%
9 / 2012 6.2% 7.8%

3. Avg 3 bedroom cost = $122,000

4. Rent of 3 Bedroom = $1200.00

5. Taxes = $3,400.00 (city and harris county taxes)

6. Days of market = 40

1.Durham NC

2.Unemployment Rate 6.9 from 7.8

3.Average 3 bed 2 bath home is $164,000

4.Average rent for that home is $1,059.00

5.The average taxes are $1,119

6.The average DOM is 183

I am very excited to work with you.
I also work all the triangle area of Raleigh NC which is also a very hot area as well.
Hope to be working with you very soon!

I live in Cleveland Ohio

1- The curent unemployment rate is 8.8%
and 12 months ago was 7.1%

2- The average price for a 3 bedroom house is-
$70,000 dollars

3- The average rent is $750.00

4- The average taxes varies from house to house

5- Also the average days varies ( one I look for
this projesct is 386 days on market)

1. What city are you in?Bronx
2. What is the current unemployment rate and what was it 12 months ago?currently in 2012 metro Area 7.5% 2011 was 7.3%
3. What’s the current average cost of 3 bedroom house in your area? $462,000
4. What’s the average rent for that same house? $1,800 - $2,500
5. What are the average annual taxes for that property? $4,044
6. What are the current days on market
180days

1. What city are you in?

- Noblesville,IN

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

- OCT 12: 6%
- OCT 11: 6.9%

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

- Per Trulia: $176,137
- Per RE Agent: $90K - $120K

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

- Avg $1200 - $1500 per month

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

- Avg Annual: $1751

6. What are the current days on market?

- Per my agent Avg DOM: 90-100 Days

My business - Utopia Group LLC is centred around finding deals for other out of State investors like yourselves. We are in the closing process right now on a property for them. I'd would love to help you out and be your area manager for the Indianapolis area.

Thank you for this opportunity,

Alicia

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

2. What is the current unemployment rate and what was it 12 months ago?
Current 7.7%, and 12 months ago 9.5%

3. What’s the current average cost of 3 bedroom house in your area?
$550K – $700K

4. What’s the average rent for that same house?
$2,100 per month

5. What are the average annual taxes for that property?
$2,000

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

1.What city are you in?
Longview, WA. 98632

2.What is the current unemployment rate and what was it 12 months ago?
Oct 12 2012—9.9%
Aug. 2006 –6.3%
Has gone from 11% down to 9.9% from the first of 2012

3.What’s the current average cost of 3 bedroom house in your area?
3bdrm 1bth average price is $130,000

4.What’s the average rent for that same house?
$1050

5.What are the average annual taxes for that property?
$1,650

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

1. City- Murfreesboro, Tn 37129
2. Unemployment 6.3 vs. 7.4% ly
3. Avg 3 Bdrm Sale $160,000
4. Avg 3 Bdrm rent $1,100
5. Taxes $1,100
6. Avg days on market 60-90'sh

1. I reside in Saint Petersburg, Florida

2. The City of Saint Petersburg unemployment rate is 8.4%
Tampa Bay Area (Saint Petersburg, Clearwater and Tampa) unemployment rate: 8.1% (Nov 2012) down from ly 10.3%

3. The average cost of a 3 bedroom house: $169,900

4. The average rent for the 3 bedroom house: $1,200

5. The average annual taxes for a 3 bedroom house: $1,388.16

6. The current days on market: 81

Hi Matt,
I was extremely excited to view you and Dean's video, thus prompting my first post on Dean's website. I was a student in your Clearwater "Boots on the Ground" training in June 2012. Hopefully, you'll remember I was the single mother of the college football player who was also planning to adopt a child. I was sitting in the front of the class.

In the event, you and Dean believe my city and surrounding areas would be profitable for your business venture, it would also be advantageous to select me as an area manager. Reason being, I'm already familiar with Dean and your process, and I'm trainable. Have an addictive to happiness day!!

1. Roanoke Rapids, NC
2. 10.5%
3. 55,000
4. 700 mo.
5. 609 yr.
6. 180 days

1. My city is Odenton/Fort Meade, MD Zip Code 21113
2. The unemployment rate was 6.6 in 2011 and 5.5 in 2012.
3. The average 3 bedroom house is $253,100 for Odenton and $228,200 for Maryland.
4. The average rent for the area is $1,400 to $2,300.
5. Average taxes for Odenton are $2,500.
6. Current days on market is 91.

I am in a town that is being updated for the BRAC(base realignment) movement. New Town Center is being built including condos, businesses, stores and health center to accomodate the flow of new residents. Investors are buying up property to hold and rent to new tenants. Townhome communities and single family homes are springing up over the area. I have several other investor friendly areas around Odenton that are also being rejuvenated for the BRAC move-- Severn-21144, Laurel-20724, Glen Burnie-21060 and 21061. I'm centered around alot of areas that would be perfect for you to purchase for both buy and hold and rehabbing.Bowie-20715, Landover HIlls-20784,Edgewater 21027 and Pasadena-21122 are a few of the other ones. I am in a good area for investors. I am between Washington DC and Baltimore.

1. Hartland, Wisconsin
2. 5.7% 8.6% last year
3. $341,500 average price for 3 bedroom house
4. $2,325 average monthly rent for 3 bdrm house
5. $6,340 average yearly property taxes
6. 96 days average for current days on market

1. Memphis, TN
2. Current unemployment rate 8.5% 12 months ago: 9.2%
3. Current average cost of 3 bedroom house in the Memphis area is $72,000.00
4. Average rent for that same house is in the city is $944.00. *
5. Average annual taxes for that property: Memphis=city and county taxes are, ($72,000) $268.00 and $730.00
6. Current days on market: Average 87.
* diverse variations by Metro areas.

1 7.1% now 6.9% year ago

2 $274,990 average cost

3 $1700 average rent

4 $3138 average taxes

5 169 days on market

Provo, Utah 84604

Current unemployment 4.6%

Unemployment Year ago 5.0%

Average value $154,701

Average rent $1100

Average taxes $1050

Days on market 104

1. What city are you in? TEXARKANA,TEXAS

2. What is the current unemployment rate and what was it 12 months ago? IT IS 5.6 PERCENT AND 12 MONTHS AGO IT WAS 6.4

3. What’s the current average cost of 3 bedroom house in your area? $221,955

4. What’s the average rent for that same house?
569/MO
5. What are the average annual taxes for that property? $2,093
6. What are the current days on market?54 days

Larry, Daytona Bch Fl
1 Unempl/rate 7.6%, down from 8.5% 1 yr ago
2 Avg/cost for 3bd SFH is $135K
3 Avg/rent is $1000.00
4 Avg/Annual taxes $2800.00
5 Avg/DOM 124

Centrally located on the east coast approx 45
min to Orlando,10 min to Intl Airport, 15 min
to the ocean and plenty of schools and shopping.
Excellent opportunity in this environment.

1. Everett, WA.
2. Unemployment- Dec 2011 8.5%, Nov 2012 6.9%
3. Average 3 bed $242,950
4. Average Rent for 3 bed, $1640
5. Average taxes for similar, $3400
6. Average DOM- REO-55 days, Shortsale-83 days,
Non SS/REO-58 days

1 Fort Myers, Fl
2 Cape Coral- Fort Myers
Unemployment rate Nov 2012 Mo/Mo Yr/Yr
National 7.8% -0.1 -0.8
8.1% -0.4 -2.6
8.3% -0.3 -2.3
3 Fort Myers Real Estate Overview

Average Listing Price 287,907 -0.8% w-o-w
Median Sales Price 122,000 +11.8% y-o-y
Average price sq/ft $97.00 +26% y-o-y
Number of sales 794 -50.3% y-o-y

Most Popular neighborhoods Avg List w-o-w
McGregor $391,868 -12.2%
Whiskey Creek 211,813 +3.6%
Pelican Preserve 227,564 +1.1%
4 $795 - $1295
5 Taxable value 164,303 85,367
Combined tax & assessment 2,827.09 1,873.87
6 I didn't find an exact no, but found quite a few on the market for over a year

EJS

1. Austin, Texas
2. 5.2% Nov 2012 6.5% Dec 2001
3. 169,900 - 215,000 varies depending upon the source for statistical data
4. 1400 - 1600 p/m depending upon the area and schools etc
5. 2.5 - 3% depending upon the local taxing jurisdictions within the 'metro' area
6. 67

Austin Texas is the place to be for so many reasons. 135 people a day moving to the ATX area, corporate expansions in mutiple industries, the best school districts in the state, and so many other 'amenities' that a list would be inappropriate here!

Let's just suffice it to say, Capital city of the great state of Texas, silicon valley resides here(!), along with a world class university and so much more.

Let's talk asap guys!

I'm your man and Austin is your new home town!

Here's to more deals,

Rocky L. Jones

1. Knoxville, TN

2. Unemployment rate is 5.2% down from 6.0% last year.

3. Average cost of a 3 bedroom home is $154,022.

4. Average rent for that same house is $1,100.

5. Average taxes for that property are $1,076.

6. Average DOM is 105.

Thanks,

Wes Milstead

1. Seattle, Washington

2. Unemployment for the Seattle area is covered into the King County area. November 2012 we were at 6.3%. In 2011 the rate was at 8.1%. Seattle is seeing a growth and it is showing in our housing market as well as being in the top 10 in the country.

3. I live in the Renton Area which is about 5-10 minutes South of the city of Seattle and average cost here for housing is at $245k. Another area of Renton is at $315k.
A 3 bed single family home in this area you can pick up from $125k-$175k. It depends if you are in the Northern area or farther south. The condo market in this area got hit really hard as I imagine it did in most markets. However they are at the bottom of the market at around $75-$115k for some newer more upto date condos. Depending on any attached assements on the property due to past liens or unpaid dues, they are becoming a solid investment due to the outrageous high rental markets.

4. A 3 bed condo will rent on the lower end for $1100/month on up to the higher end for $1750/month.
A 3 bedroom SFR will rent for $1350-$1850.

5. Average Annual Taxes for my area are around $2500/year. They are taking a while to drop to reflect some of the market, but that would be the closest average in our area.

King County is a busy market as Seattle is in it, however the outer edges of the city are the fast growing areas where inventory is getting a little lower, however we all know the inventory is there and it is still coming.

Days on Market in this area isn't very long. There are the exceptions of course with older homes that are over priced. High price/ Square foot. I recently turned a property in Maple Valley which was the fastest growing are in King County, I picked it up at $79/sq ft and sold at $188/ sq ft!

Great area for investing!
Keep those offers going out there investors and make 2013 YOUR year!

1. What city are you in? -
Boston, MA

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

6.3% AS OF October 2012. 7.4% in
September 2011.

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

Average for a 3 bedroom home in the Boston Metro Area is $336,000

4. What’s the average rent for that same
house?
$2,200

5. What are the average annual taxes for
that property?
2012 $4,800

6. What are the current days on market?
Average DOM is 149

1. Florence, KY
2. Current unemployment rate: 6.2
12 months ago: 7.5
3. Avg cost of 3 bedroom: 120K
4. Avg rent: 900
5. Avg taxes: 1000 yearly
6. Avg DOM: 76

Great Wisdom and Training this week!!
Courtney

1. Portland Oregon -Average Sales Price 3 Bdrm= $230,000
2. Unemployment: Jan 2012 = 8.8% vs. Current 8.4 December 2012 = 8.4% Down .4%
3. Total Listed = 3,228 Total Sold = 2,2709 Avg. Sold Price $221,163 2.7 Months’ Supply
4. Average Rent $927 projects 6% Increase
5. Average assessed value of Portland home is $170,600.
Current property tax of average Portland home is $170,600 x .0218 = $3,719
6. CDOM (Cumulative Days on Market) Oct 2012= 50

1. Springdale, Arkansas 72762 (Northwest Arkansas basically includes Benton and Washington Counties)

2. ARKANSAS METRO AREAS (Northwest Arkansas)
Fayetteville-Springdale-Rogers Unemployment Rates
Sept. 2012: 4.9%
Aug. 2012: 5.3%
Sept. 2011: 6%

3. Median Sales Price (January through July 2012)
Benton County
2012: $141,000
2011: $119,500
2010: $129,250
Washington County
2012: $135,000
2011: $116,000
2010: $130,000
Median Sales Price (January through August 2012)
Benton County
2012: $142,950
2011: $119,900
2010: $130,000
Washington County
2012: $136,750
2011: $118,500
2010: $129,500
Source: MountData.com
4. Rental Samples from Craigslist
3bd/2bth house Great Area - $850 / 3br - 1363ft² - (Fayetteville) pic map
3 Bedroom 2 bath house in Springdale - $950 / 3br - 1525ft² - (Springdale) pic map
3 bedroom home in Fayetteville, garage, fenced yard - $1150 / 3br - 1800ft² - (Fayetteville)
3 bedroom home in Fayetteville, garage, fenced yard - $1200 / 3br - 1800ft² - (Fayetteville) pic
NEW 3Br, 2Ba Wonderful duplex to call home in a good neighborhood - $875 / 3br – 150
3 Bedroom 2 bath house in Springdale - $950 / 3br - 1525ft² - (Springdale) pic map
0ft² - (Bentonville) pic
Beth St - $875 / 3br - 1400ft² - (Rogers AR) pic map

5. Average Property Taxes (This appears low to me for the houses I am used to looking at, but the tax rate should be accurate @ 0.52% of the assessed values)
Arkansas Property Taxes [Go To Different State]

$532.00
Avg. 0.52% of home value
Tax amount varies by county
The median property tax in Arkansas is $532.00 per year for a home worth the median value of $102,900.00. Arkansas counties collect an average of 0.52% of a property's estimated fair market value as property tax.
6. Bynum reports the average days on market in October was 65 from list to contract, but Maxwell beat that by a mile.
7. One added bit of info…the inventory report I last heard was at 4.8 months in December. That is down from over 6% in October.

1. What city are you in?
New Castle County, Delaware
2. What is the current unemployment rate and what was it 12 months ago?
Current Rate- 6.6%, 12 Months ago – 7.2%
3. What’s the current average cost of 3 bedroom house in your area?
$173,700.00
4. What’s the average rent for that same house?
$1500.00
5. What are the average annual taxes for that property?
$900.00
6. What are the current days on market?
75

1. What city are you in?

Wantage, NJ 07461

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

Current unemployment rate is 8%, 12 months ago it was at 10%

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

Average cost of a 3BD house is $259,000

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

Average rent is $1600

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

Average annual taxes is $7200

6. What are the current days on market?

Current DOM is 168

“Room to grow” is a good description for the sprawling township of Wantage, home to several major resources and attractions. This area features a portion of High Point State Park, the Sussex Airport, entrance paths for the Appalachian Trail, the Wallkill River National Wildlife Refuge, and the Elias Van Bunschooten Museum. Routes 23 and 284 provide easy access to major thoroughfares for a convenient lifestyle.

City...Boca Raton, FL

unemployment rate is currently 7.1%

avg cost 3 bedroom house is $300,000 although the last 25 sold on Tulia went for an avg of 186,000 and our foreclosure rate is high

avg rent 3 bedroom is 1,700 to 1,900 a month

average taxes is 2% of closing cost so around 6,000

current days on market is around 90

of course there are close by cities we could work with like Ft. Lauderdale, Miami, And West Palm Beach which have different figures. There are average to gorgeous homes down here so anything goes. Many of the cheaper homes can be approved for section 8 housing also. Would love to work with you guys. I have the investors if you show how to find the properties. Thanks