Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

1. Ventura, CA
2. Now 8.6 %. A year ago 9.2 %
3. $310.000-350.000 average price.
4. $1850-$2000 rent.
5. $4200 in taxes
6. 100 days on market.

1. Modesto, CA
2. Current unemployment rate (as of Oct. 2012)-12%; In Dec,2011 it was 16.1%.
3. Avg. cost 3 bdrm house $137,000.
4. Avg. rent $1,100
5. Avg. Taxes $1,700
6. Avg. Days on Market 60

1.) Charlotte,NC (28269)
2.) The unemployment rate is currently 9.2% down from 10.6% in 2011
3.) Avg. Cost - $147,000 (3 bedroom 2.5 bath)
4.) Avg. Rent - $1,150/Month
5.) Avg. Taxes - $1,700/Annually
6.) Avg. DOM - 135/Days

Additional information:

http://universitycityclt.org

http://charmeck.org

Thanks,

Chris

My City: Modesto, CA (California Central Valley)

Current unemployment rate: 11.6
One Year ago: 14,6
March 2012: 15%

3 Bed House my area: $80K
3 Bed House few miles away: $162K

Rent: My area 1 bed $695, 2 bed $795

Property Tax my area: $1,300

Current days on market: 40-51

1) Lacey, WA
2) 7.8%/ 8.2% 1yr ago
3) Avg 3 bd house $198,000
4) avg rent $1500
5) taxes $2500
6) DOM 80d

We have Joint Base Lewis-McChord JBLM in the south Puget Sound. Many service members reside within 30min drive to the base which includes Tacoma, the closest, and Lacey and Puyallup all with similar stats.

1. What city are you in?

St. Paul & Eagan (Twin Cities), Minnesota (zip 55122)

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

Current (as of 01/01/2013): 4.6%
12 months ago: 01/01/2012: 5.0% (www.positivelyminnesota.com)

3. What’s the current average cost of 3 bedroom house in your area?
$175,000 - $220,000 (www.craigslist.com)

4. What’s the average rent for that same house?
$1,500/month

5. What are the average annual taxes for that property?
$2,098.00

6. What are the current days on market?

60-180 (www.trulia.com)

I am new to all of this, but thoroughly enjoyed the research. I would love to learn more from the experts. Thank You for the homework opportunity! Vanessa

This is an opportunity that I have been dreaming of. I live in San Bernardino County in California. My County has 37 Zip Codes and 30 cities. I looked up 3 and with more time would gladly look up all 30 cities.

1. unemployment rate is currently 11.7% down from 12.4% 12 months ago.

2.150,000 in 92404, 240,000 in 91730, 90,000 in 92301.

3.Rent in 92404 is 1,600, Rent in 91730 is 1,900, Rent in 92301 is 900.

4.Taxes in 92404 is 1,241, Taxes in 92301 is 1,400, Taxes in 91730 is 3,781.

5. Current days on market for 92404 is 90 days, For 92301 is 120 days, And for 91730 is 120 days.

This county has recently claimed bankruptcy. I always see alot of distressed and investor friendly properties. Thanks Dean for this opportunity.

1.) Unemployment Rate 2012: 5.7% / 2011: 8.5%

2.) Average Cost of 3 bedroom: 132k

3.) Average Rent of 3 bedroom: $990

4.) Annual Tax paid on home: $4,327

5.) Days on market: 3

1.Hammonton NJ. Blueberry capital of the World.

2. 14.5% . Year ago 12.7%

3. 3bd 1bth $180,000

4. Rent $1,100

5. Schedule. Annual taxes $5,500 (376.17)

6.Doa 120

I live in Bremerton, Washington but I am not chained to it. *grin* I have a bird-dog in Odessa, Texas so I'm working that area as well.

1. Location: Bremerton, Washington 98312
2. Un-employment rate: 6.2 (down from 7.2)
3. Purchase price: $185,000
4. Rental rate: $1,225
5. Property Taxes: $2,349
6. Days on market: 100

1. Kirkland, Washington 98033
2. 6.2 (down from 7.5)
3. $580,000
4. $1,900
5. $4,900
6. 80 DOM

1. Renton, Wa. 98055
2. 6.2 (down form 7.5
3. $235,000
4. $1,375
5. $3,445
6. 105 DOM

1. Redmond, Washington 98053
2. 6.2 (down from 7.5)
3. $465,000
4. $1,765
5. $4905
6. 174 DOM

1. Bellevue, Washington 98008
2. 6.2 (down from 7.5)
3. $500,000
4. $1,800
5. $3,695
6. 74 DOM

1. Federal Way, Washington 98003
2. 6.2 (down from 7.5)
3. $185,000
4. $1,225
5. $2,913
6. 80 DOM

1. Odessa, Texas 79762
2. 6.5 (down from 7.2)
3. $185,000
4. $1,225
5. $2,349
6. 100 DOM

Carl Sutherland

1. What city are you in? Phillipsburg, NJ 


2. What is the current unemployment rate and what was it 12 months ago?
The unemployment rate in Phillipsburg is 7.60 percent(U.S. avg. is 8.60%). Recent job growth is Positive. Phillipsburg jobs have Increased by 1.06 percent. December 2012 unemployment rate was 9.12% versus 7.8% in December 2012.
http://www.bls.gov/news.release/empsit.nr0.htm
http://www.homefacts.com/unemployment/New-Jersey/Warren-County/Phillipsb...


3. What’s the current average cost of 3 bedroom house in your area? $161K


4. What’s the average rent for that same house? $1250


5. What are the average annual taxes for that property? $4,534


6. What are the current days on market? 171 average days on market

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. Memphis, TN
2. 9.5%-(September 2012) 11.3%-(September 2011)
3. Average Cost:$120K
4.Average Rent: $950-$1,050
5. County: $1,406 ($117/month) City: $1,088 ($91/month) $2,494 total ($208 total monthly)
6.170-180 days

Maui, unemployment: 5.5 down from 7.7

450,000K average price

2,000 + rent / monthly long term

or $300 a night vacation rental / $6,000 at 80% occupancy per month

$2,400 yearly taxes

30-60 days on market, Maui / 40 days Honolulu

I can travel to any of the islands as all are experiencing a jump in sales and prices.

Many foreclosure auctions.

Hawaii weather makes bird-doggin a joy!

nashua nh
rate in 2011 5.9% 2012 5.6%
average cost 3bdr 175000.00
average rent 1200.00
taxes 2700.00
dom 89 days

1. Im in the Twin citities Minneapolis, St Paul, Minnesota

2. The Current unemployment rate is 5%

3. The average price for homes are 175,000

4. the average rent for 3 bedroom are 1000 per month
5. The anual taxes are 1500

6. The average days on market are 40 days

1. Mobile,AL

2.current unemployment rate - 7.5% Last Year - 8.8%

3.Average cost of 3 bedroom house - $135,000

4.Average rent for that same house - $900.00

5.Average annual taxes for that property - $450.00

6.Current days on market - 130

1. What city are you in?
Cleveland Hts, Ohio

2. What is the current unemployment rate and what was it 12 months ago?
6.9% November 2012 December 2011 7.4%

3. What’s the current average cost of 3 bedroom house in your area?
$114,000

4. What’s the average rent for that same house? $925.00/mo
5. What are the average annual taxes for that property?
$3,333
6. What are the current days on market?
100+days many surrounding areas are 75 days or less(interesting)

1. My city is Molino, Florida
2. Unemployment rate is 10.20% last dated Dec 2012. Last 12 months it was at 8.6%.
3. Cost of a 3 bedroom average start is $100,000
4. The average rent goes for between, $750.00
5. The average taxes 2,500.00
6. Current days on the market avg 100 days

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.Current unemployment rate-9.7%
2.down from10.5%
3.115.000-three bedroom home.
4.800 to rent
5.Taxes-1003.00
6.Current days on market-57

1) Unemployment rate in Mass. Is down 0.6%in the last 12 months,fluctuating ea. month?
2) Average cost for 3 bedroom house 265k- 325k
3) Average rental. For same property. 2k/ mo.
4) Average annual tax. 3400
5) Current days on the market.to buy. 70-85 days depending
6) Current days for renting. 30-50 days

H Frank Wilcox & Tyler Moore
1: Tulsa, Ok 74137
2: Current rate = 5.1%; Last year = 6.7%.
3: 3BR average -$135,000.
4: 3BR rents - $1200.
5: Taxes depend on school district - $2,000.
6: Current DOM = 59.

1Current rate unemployment-9.7%
2.down from 10.5%
3.115.000-three bedroom home
4.rent-800
5.Taxes-1003.00
6.Current days on market-57

1) City is Richfield/Mpls Minnesota

2) Current unemployment is 5.5%, year ago 5.7%

3)Average cost 167k.

4) Average rent $1250.00 per month

5) taxes 2119.10

6) average days on market 55

Say hello to your new area manager...I'm ready, willing, able...I'm like clay..woohoo!!

1. Tulsa, OK area is great for investors. we have access to the contracts realtors use and there is an escape clause already in the contract and you can get out of it for any reason.

2. Unemployment rate: 5.2%
One year ago: 6.1%

3. Average cost of 3 bedroom: $120,000

4. Average rent: $800
rough estimate is 66 Cents/sf

5. Average tax: $1500

6. Current DOM: 78

1.Wilmington NC, Virginia Beach, Suffolk VA, Norfolk VA

2.Unemployment rates: Wilmington 8.1 was 9.2
Virginia Beach 5.4 was 6.0
Suffolk 6.6 was 6.4
Norfolk 7.6 was 8.4

3. Average cost of a (cash flow) three Br home:
Wilmington $149k
Virginia Beach $200k
Suffolk $169k
Norfolk $180k

4.Average Rental Price for these homes:
Wilmington $1000
Virginia Beach $1600
Suffolk $1200
Norfolk $1300

5.Average property tax:
Wilmington $1050
Virginia beach $1800
Suffolk $ 1200
Norfolk $ 1350

6.Average days on market:
Wilmington 75 days
Virginia Beach 113
Suffolk 100
Norfolk 78

Hi Dean and Matt!!! You guys are as always making power moves! My name is Josh and I am still learning so I am still a DG student. I own a property investment company and a residential redevelopment company. We started in Wilm NC and have recently expanded into VB, Suffolk and Norfolk. The market is on fire here! I have renovation teams on the ground doing rehabs in VB and strongly in Wilm. We can get any property flip or rental ready in no time flat! I would love to be a part of the team! Failure is not an option! Dean, the day I bought your book "Profit from real estate now" is the day my life changed! Before I got three chapters in I had my signs out. Cashed my first $4,500 check 33 days after I bought the book. I have been loving life ever since! If you want a go getter who's passion is real estate. Let's do it!

Respectfully,
Josh

www.premierpropertyrenovations.com
www.premierpropertyinvestments.info
www.sellmywilmingtonhome.com

1) what city are you in? Bethesda md. but i'm looking in prince georges county md. zip code 20743

2) what is current unemployment rate & what was it (12) mos. ago? 7.5% & now to a low of 7.2%

3) what is average cost of (3) bdrm house in area? In zip code 20743 with 1.5 baths is around $115K as of 1/14/13.

4) what is the average rent for that same house? as of 5/12 it was $1715.00 and as of 1/13 it is $1519.00 a mo.

5) what are anuall taxes for that property? around $3K

6) what are current days on market? 186(DOM)

This would be a great market to tap in on. Its an up and changing area from very low income to building new single family homes. bringing in a lot of first time buyers. And its a place where there are a lot of rentals too. whole house rentals and rooming houses. That booms there!

1.-City : McAllen, Tx
2.- current unemployment 7.1%
3.- average cost $130 k
4.- average rent 900-1200
5.- average taxes 2.3% of the value
6.- days on the market 90

thanks Matt and Dean, Love you guys!!!!!!

Rosy ayala

1.-City : McAllen, Tx
2.- current unemployment 7.1%
3.- average cost $130 k
4.- average rent 900-1200
5.- average taxes 2.3% of the value
6.- days on the market 90

thanks Matt and Dean, Love you guys!!!!!!

Rosy ayala

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?

Here’s the answers:
1. San Diego, California
2. Current unemployment is 8.5% (lowest in three years). It was at 9.8% 12 months ago.
3. Average cost of 3 bedroom house is $240,000.00
4. Average rent is $1,700
5. Average annual taxes is $2668 (at an annual rate of 1.11153%)
6. Average DOM is 38 days

San Diego boasts of healthcare based companies and we have quite a number of companies at the cutting edge of medical diagnostics. San Diego also is the retirement choice of a lot of people. Plus the weather! People move here just for the weather, and around here they don’t make new land anymore.