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.
Who is Dean Graziosi?
Are People Actually Successful?
Does Dean Practice What He Preaches?
What Deals Are The Students Doing Right Now?
Seeking Investor Area Manager TUCSON, AZ.
RUTH RODRIGUEZ, TUCSON,AZ.
1. U.I. currently 7.60% last yr. 7.0% as oct. 2012
2. Three-Bedroom sold $140000. - $160000.00
3. rent for $1100.00
4. annual taxes approx. 1052.00
5. 68 days up to ( 120 days)
1. What city are you in?
1. What city are you in? Vallejo CA
2. What is the current unemployment rate and what was it 12 months ago? 9.3% November 2012 vs 10.5 Nov 2011
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?$1,550
5. What are the average annual taxes for that property?$2,326
6. What are the current days on market? 70
Kansas City, plenty of investment opportunities!
Here are the six questions to answer:
1. What city are you in?
Kansas City, MO
2. What is the current unemployment rate and what was it 12 months ago?
Current unemployment rate is 7.1%
12 months ago, the unemployment rate is
7.7%
3. What’s the current average cost of 3 bedroom house in your area?
The average cost of 3 bedroom houses worth for investment are from $20,000 to $50,000 (wholesale), depending on zip codes. Retail price range from $60,000 to $125,000.
4. What’s the average rent for that same house?
The average rent for the same type of properties rage from $650 to $700 a month.
5. What are the average annual taxes for that property?
Annual property taxes are range from $700 to $1200 depending on Zip Codes.
6. What are the current days on market?
Current average days on market is 155
days.
http://www.reeceandnichols.com/pages/market-trends/kansas-city-mo
Thanks,
Kevin
IN RESPONSE TO WEEKLY WISDOM #217
01/11/2013
RESEARCH
Here are the ANSWERS
1. What city are you in?
JACKSON MS
2. What is the current unemployment rate and what was it 12 months ago?
Current unemp rate is: 6.7% - 12 mo. ago was: 7.9%
3. What’s the current average cost of 3 bedroom house in your area?
$102,000
4. What’s the average rent for that same house?
$900
5. What are the average annual taxes for that property?
$1175
6. What are the current days on market?
118
Seeking Investor Area Managers
Here are the six questions to answer:
1. What city are you in?
Alexandria, Virginia. We recommend Woodbridge, VA as your target market
2. What is the current unemployment rate and what was it 12 months ago?
Current 4.7%, and 12 months ago 5.7%
3. What’s the current average cost of 3 bedroom house in your area? $226K
4. What’s the average rent for that same house?
$1721 per month
5. What are the average annual taxes for that property?
$2727.
6. What are the current days on market? 51.
In addition, since 2000 Woodbridge, which includes zip codes of Dale City, has had a population growth of 26%, and a significant increase in foreclosure activity.
Seeking Investor Area Managers - New York
What city are you in? Mount Vernon, New York
What is the current unemployment rate and what was it 12 months ago?
Current 8.3%
12 Months Ago 8.3%
What's the current average cost of 3 bedroom houses in your area? $140,000
What is the average rent for that same place?
$1,800
What are the average annual taxes for that property? %5,300
What are the current days on the market? Approximately 6 to 9 months.
Dean I feel New York is one of the places where you need to invest.
Audie
Seeking Investor Area Managers- Booming in Bakersfield californi
1. Bakersfield , California
2.Unemployment rate Nov 2012
12.4%
Jan 2012
15.0%
3.Average cost of 3 bdrm house
$95,000 to $135,000
4.Rent for same houses
$1000 to $1400
5.Average taxes
$1500 to $2000
6.Average time on market
30 to 45 days
Answers to ^ Questions
1. What city are you in?
Sacramento CA
2. What is the current unemployment rate
11.9%
What was it 12 months ago?
10.2%
3. What’s the current average cost of 3 bedroom house in your area?
Average cost of 3bd/3 bth $182,244
4. What’s the average rent for that same house?
$1,100 per month
5. What are the average annual taxes for that property?
$942.00
6. What are the current days on market?
114 days (ALTOS RE)
Answers to 6 Questions
1. What city are you in?
Sacramento CA
2. What is the current unemployment rate
11.9%
What was it 12 months ago?
10.2%
3. What’s the current average cost of 3 bedroom house in your area?
Average cost of 3bd/3 bth $182,244
4. What’s the average rent for that same house?
$1,100 per month
5. What are the average annual taxes for that property?
$942.00
6. What are the current days on market?
114 days (ALTOS RE)
Seeking Investor Area Mangers Columbus OH
1. What city are you in? - Columbus OH
2. What is the current unemployment rate and
what was it 12 months ago?
as of Nov 5.5 12 months ago 7.2
3. What’s the current average cost of 3
bedroom house in your area? Around 130,000 But i have seen them as low as 40,000 in perfect shape
4. What’s the average rent for that same
house? $900 but i have seen it higher on some and lower on others
5. What are the average annual taxes for
that property? 1,300
6. What are the current days on market? 350
Minnesota, Twin Cities Metro by County
My REI Life...
1. Unemployment rate?
The areas I work in are as follows:
I have been looking at working in 17 different counties in MN. These are the counties to which I have various ties and so I am aware of the lay of the land and have people in place that I could tap to do things like estimate rehab costs and take photographs, help me build my buyers list in an area, etc.
Of those 17 counties, the unemployment rates vary from 4.5% (Blue Earth County, MN) to 7.5% (Mille Lacs County, MN). I also have ties to a few areas in Western Wisconsin, but I haven't really spent a lot of time focused on those areas. However some of them are adjacent to the Minneapolis/St. Paul metro and would NOT be difficult to tap into.
Most specifically I am currently working in the 7-county Metro area of Minneapolis and St. Paul. Those 7 counties and their unemployment rates are:
County Unemployment Rate
Anoka 5.5%
Carver 4.9%
Dakota 4.9%
Hennepin 5.3%
Ramsey 5.6%
Scott 4.8%
Washington 5.1%
2. Average cost of 3 br house in this area...
For the same list of counties:
County Average Sale $
Anoka $162k
Carver $220k
Dakota $186k
Hennepin $209k
Ramsey $172k
Scott $191k
Washington $234k
3. Average rent for that house in that area...
For the same list of counties:
County Average Rent $/mo
Anoka $1350
Carver $1400
Dakota $1400
Hennepin $1450
Ramsey $1300
Scott $1430
Washington $1430
4. Average taxes for the same house in that same area...
Average taxes by the county for that house
For the same list of counties:
County Average Rent $/mo
Anoka $1350
Carver $1400
Dakota $1400
Hennepin $1450
Ramsey $1300
Scott $1430
Washington $1430
4. Average tax data for those counties:
County Annual Tax Rate
Anoka $1636
Carver $2288
Dakota $1897
Hennepin $2382
Ramsey $1806
Scott $1967
Washington $2246
PLUS a bonus pair counties: Rice and Steele, my home areas where I grew up, have strong ties and a plethora of resources:
RICE COUNTY:
Rice Co unemployment rate 5.7%
Average price 3 br home $152k
Average Rental Price $1110
Average property tax data:
Median property tax for the entire county is $2098/year
On average it's 3% of the owner's income
On average it's 1.05% of the property value
STEELE COUNTY:
Steele Co unemployment rate 4.7%
Average LIST price 3 br home $120k
Average Rental Price $1350
Average property tax data:
Median property tax for the entire county is $1625/year
Average property taxes on 3BR SFH are $1248/year
Weekly Wisdom 217
West Monroe, LA
Current Employment : 6.9%
12 mo ago: 8.1%
Avg 3 bedroom : $136,000
3 bedroom rental: $850
Taxes : $608
DOM: 272
Answers for Indianpolis
1.Indianapolis
2.Unemployment- 2011 - 9.2%, 2012 -8.6%
3.Avg. cost of 3 Bedroom Home -(Dec. 2012) -$69,396
4.Avg. Rent for 3 Bedrooms - $850
5. Avg. Taxes = 1% or with low point of $800/year
6. DOM (Dec. 12) - 165
I am a current investor in area with MBA already doing many rentals. Advantages of this market are low taxes and affordable cost of living as value for dollar is very high.
Let's do it!
Rob
1.saint paul mn ...2011-2012
1.saint paul mn ...2011-2012 5.0 percent
2010-20212 5.2 percent
2.$199,900
3.$1,000-$1,200
4.$2,676
5.45 days in saint paul,mn
Your Partner
1. Blue Bell, PA 19422
2. 6.4% now, 7.1% in August, 2012
3. $391,000
4. $1,960
5. $5,800
6. 120 days
Answers for Fishers, IN- excellent suburb of Indy
1. Fishers, IN
2. Unemployment - Nov. 2011- 5.3% Nov. 2012- 5.3%
3. Avg. Price of 3 Bedroom-(Dec. 2012) $141,935
4. Avg. Rent of 3 Bedroom - $1300/mo
5. Avg. Taxes - 1% of Property Value - $1400/year
6 DOM (Dec. 12)-122
I am a current investor in area with MBA already doing many rentals. Advantages of this market are low taxes, fantastic schools, strong economy and affordable cost of living as value for dollar is very high. Continuously ranked by Money Magazine as top places to live in the country.
Let's do it!
Rob
Weekly Wisdom #217
1. Milwaukee WI 53223
Unemployment rate 10%
12 months ago 6%
2.Avg cost 3 BDRM house $150,000.00
3. Avg rent $1,200.00
4. Avg tax $3,000.00
5. Current DOM 73
Area Managers
Seeking Investor Area Manger
Here are the six questions to answer:
1. What city are you in? McAllen, Texas
2. What is the current unemployment rate and what was it 12 months ago? 8.1 on 2011 and 7.7 on 2012
3. What’s the current average cost of 3 bedroom house in your area? $94,300 is the average home sold for a 3 bedroom 2 bath home
4. What’s the average rent for that same house? $1150.00
5. What are the average annual taxes for that property? $2,568.
6. What are the current days on market? 60 days avg.
This city would be a great area to buy. McAllen is border town bordering Mexico and there are many immigrants coming to buy. There many investors from all over the country moving to this area. McAllen is surrounded by many other towns.
Cashflow = Katy, TX
1. What city are you in?
-Katy, TX 77450
2. What is the current unemployment rate and what was it 12 months ago?
-The unemployment rate in Katy, TX, is 6.3% as of September 2012, with job growth of 1.93%. It was at 8.3% back in September 2011.
-Future job growth (10 years): 36.36%.
-Median household Income: $71,660.
3. What’s the current average cost of 3 bedroom house in your area?
-Average listing price for 3 bedroom homes in 77450 is $117,439 at 5% above sale price.
-Median sale price is $110,190 at 2% below sale price.
-Average listing price for all homes in 77450 is $272,319 at 143% above sale price.
-Median sale price for all homes in 77450 is $119,494 at 7% above sale price.
4. What’s the average rent for that same house?
- $1350/mo
(Range: $1.2 k - $1.5 k)
5. What are the average annual taxes for that property?
- $2300-3300
6. What are the current days on market?
- DOM: 14
6questions answered..
Royal Palm Beach
7.9 down from 9.6
220,000
1,850
2,800
60
Edewor Ben Osevwe
1) Saint Clair County. Illinois
2) Unemployment is currently 6.5% and was 8.4% as of Jan. 2012.
3) Avg. cost of 3bedrm/2bath house = $100,000.
4) Avg. rent = $1000.00/mo
5) Avg annual taxes = $1,800
6) Avg days in market= 90 days.
The reason I posted my county as oppose to my city is that I am an advance student and I know the whole county like the back of my hand. Its not such a big county but the prospect is very good, and there are some part of the county that is growing at an exponential rate. You will love it if you chose to invest here. Thanks.
your newest partner in the sunshine state
Royal Palm Beach Fl.
7.9 down from 9.1
220,000
1,850
2,800
60
Thank you for the awesome opportunity!!!
Seeking investor area manager
1. What city are you in? Middletown, NY 10940
2. What is the current unemployment rate and what was it 12 months ago? The current unemployment rate is 7.30 down from 7.50.
3. What’s the current average cost of 3 bedroom house in your area? The average price is approximately $190,000.00
4. What’s the average rent for that same house? The average rent is $1450.00 per month.
5. What are the average annual taxes for that property? The a enrage annual taxes are approximately $5900.00
6. What are the current days on market? Approximately 190 days
Area Manager, Florence, Alabama
1. What city are you in/near? Florence, AL
2. What is the current unemployment rate and what was it 12 months ago? Current 7.1%, 12 mo ago 8.0%
3. What’s the current average cost of 3 bedroom house in your area?$60,745
4. What’s the average rent for that same house? $600/mo
5. What are the average annual taxes for that property? $170
6. What are the current days on market? 95
Florence has the University of North Alabama, which is the cheapest, yet high quality, 4 yr college institution in the state. They are transitioning from division 2 to division 1 which will attract more students to the area.
Amber Reynolds
OPPORTUNITY FOR AREA MANAGER / iPAD
1. What city are you in?
El Paso, Texas
2. What is the current unemployment rate and what was it 12 months ago?
Last year 9.7
This year 8.3
3. What’s the current average cost of 3 bedroom house in your area?
$120,000
4. What’s the average rent for that same house?
$950.00
5. What are the average annual taxes for that property?
$3065.00
6. What are the current days on market?
60 to 90 Days
Yes, I would love to partner with you and Matt, use your money to buy discount properties and get paid massive checks for being an Area Manager for DG in El Paso, TX.
Is there a need for rentals in El Paso? Absolutely, rentals in El Paso are in demand due to our military personnel, students and migrants from Mexico. Fort Bliss and the University of Texas are located in El Paso. In the past year I have rented up to 4 rooms in my home and have used this revenue to pay the mortgage plus. I have rented mostly to soldiers and a few students. Seek a contract with Fort Bliss to rent out some of the DG properties to our military.
After, reviewing the responses there seems to be great opportunities in Texas. Texas is a huge State. Why not think outside the box? If Texas is picked, why not have 3 Area Managers/Consultants in Texas ( El Paso, Houston, and Dallas)?
Another opportunity for an iPad from Dean; love that chance so put my name in the hat. This will be my second attempt at an iPad from Dean Graziosi. I remain in Dean's realm of positive thinking.
Gloria
I Need A Cash Investor!
Hey Dean and Matt!
I just convinced an investor to help me quick-flip HUD homes but he wants no part in fix and flip deals or holding for rental income or long-term investments. Would love to work with you since we have plenty of HUD and Bank REO's available in our area.
Here is the information that you asked for.
1. Fort Wayne, Indiana (2nd largest city)
2. Unemployment 7.4%; 9.4% a year ago.
3. Average list price of 3 bedroom home 108,222; median sales price $63,200; 3 bedrooms sell for about $52 per sq.ft. Prices vary by zip code in the areas I know best: 46815= $103,692(101);
46825= $103,735(95); 46835= $107,593(149);
46845= $189,500(113); 46818= $137,500(95).
4. State law caps property taxes at 1% of the assessed value for homes with a mortgage; up to 2% without a mortgage.
5. Rents range from 600 to 1200 or about .68 cents per sq.ft. with premiums to the better zip codes and school districts.
6. Average time on the market is about 81 days.
Great posts everyone!
Area Manager - Nashville TN
1. What city are you in?
Nashville TN
2. What is the current unemployment rate and what was it 12 months ago?
The current unemployment rate is 8.2 percent in January 2013 down from 10 percent in January 2012.
3. What’s the current average cost of 3 bedroom house in your area? $ 189,400
4. What’s the average rent for that same house? $ 1,360
5. What are the average annual taxes for that property? $2,344
6. What are the current days on market? 35
Toronto, ON, Canada
1. Toronto, ON, M5V 3P5
2. Unemployment rate 8.4%
12 months ago 8.6%
2. Avg cost 3 BDRM house $500,000.00
3. Avg rent $2,300.00
4. Avg tax $5,000.00
5. Current DOM 68
Mason Ohio 45040 (Greater Cincinnati Area)
Hi! I'm excited to become one of your next area managers!
For Mason, Ohio area:
Current unemployment rate: 6.51%
12 months prior: 7.57%
Avg. cost 3bd home: $165,500 (12 months prior: $144,834)
Average price per square foot: $113 (12 mo. Prior: $111)
Avg. rent 3bd home: $1300/mo
Avg. annual taxes for 3bd home: $3000/yr
Current Days on Market: 75
Looking forward to working with you Dean & co.!
Karen
INVESTOR AREA MANAGERS----- TULSA OK
1. Tulsa, OK
2. 5.6% vs. 5.9%
3. $117,053
4. $1,170
5. $1,338
6. 63.4