Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

Hello there,

1. City:
Surrey (Vancouver),Bc. Canada
Postal Code V3X 3G8
2. Current unemployment rate:
Current: 6.5%
12 Months Ago: 6.8%
3. Average cost of 3 bedroom house
$560,000
4. Average rent:
$1,500
5. Average annual taxes for that property?
$2566.78
6. Current days on market?
44 days

1. City:
Bellingham, WA
2. Current unemployment rate:
Current: 6.1%
12 Months Ago: 7.2%
3. Average cost of 3 bedroom house
$230,280
4. Average rent:
$1,200
5. Average annual taxes for that property?
$5987
6. Current days on market?
75 days

I'm currently living in Surrey, Bc. Canada. I am located 25 minutes drive from Bellingham, WA. If you see the opportunity to invest both Surrey,BC and Bellingham, WA or eithor or, I would love to manage and invest with you in the near future.

Thank you.

Pei Chu

Here are the six questions to answer:
1. What city are you in?
Pooler, Ga. 31322
2. What is the current unemployment rate and what was it 12 months ago?
Pooler, Georgia Unemployment: Since 2005 the unemployment rate in Pooler, Georgia has ranged from 3.5% in March 2007 to 10% in July 2010. The current unemployment rate for Pooler is 8.2%.
3. What’s the current average cost of 3 bedroom house in your area?
The median sales price for homes in ZIP code 31322 for Oct 12 to Dec 12 was $164,415. This represents an increase of 17.5%, or $24,515, compared to the prior quarter and an increase of 6.1% compared to the prior year. Sales prices have depreciated 4.8% over the last 5 years in 31322, Pooler. Average listing price for homes on Trulia in ZIP code 31322 was $200,179 for the week ending Jan 02, which represents an increase of 0.4%, or $767 compared to the prior week and an increase of 1.7%, or $3,306, compared to the week ending Dec 12. Average price per square foot for homes in 31322 was $79 in the most recent quarter.
4. What’s the average rent for that same house?
Your results are based on:•31 3-bedroom rentals
• ...in a 0.84 mile radius.
• Median rent: $1250
• Average rent: $1238
• 20th / 80th percentile: $1100 / $1350
• 10th / 90th percentile: $1050 / $1500
5. What are the average annual taxes for that property?
Median real estate property taxes paid for housing units with mortgages in 2009: $1,313 (0.7%)
Median real estate property taxes paid for housing units with no mortgage in 2009: $496 (0.3%)
6. What are the current days on market?
Over 90 days less than 365 days. Depends on price, mostly investors in the game.

Thank you,

Lee Grider

1.)What city are you looking in?
South Milwaukee Wisconsin. 53172.
2.) Unemployment is at6.7%. Six months ago it was at 6.5%
3.)Three Bedroom Houses sell between 86,000 and 123,000. They rent from 700.00 to 1100.00
4.)Taxes range between 2,600 and 3,800.
5.)They are on the market from 4 to 9 months. Some are on the market longer.

I would love to team up with you on investments.I am open to Finding properties in all areas of Wisconsin. Bob Criss

1. Spring Hill Tn 37174

2. Unemployment rate now is 5.0....was 6.2

3. Average cost of 3 bedroom is 186,000

4. Avgerage rent is $1,368

5. Average taxes...$1,400

6. Current days on market is 159

Thanks for the possibility!!!

1. What city are you in? Monterey

2. What is the current unemployment rate and what was it 12 months ago? 11/11 4.8, 11/12 4.4

3. What’s the current average cost of 3 bedroom house in your area? This is more difficult. There are prices from 245,000-5.8 million. But there is one house on Zillow for $330,235.

4. What’s the average rent for that same house? Rents are from $1700-3150. But the same house is $2100

5. What are the average annual taxes for that property? 2011 Taxes were $4,179

6. What are the current days on market? I was not able to find days on market. So I guess that means "No, soup for you."

1. Montgomery, Al

2. 7.6% 12mnths ago 9.9%

3. 120k

4. $850-900.00

5. $350.00

6. 90 DOM

1 Area is south Milwaukee Wisconsin.

2 Current unemployment rate is 6.7%. Six months ago it was 6.5%.

3 Average cost of a 3 bedroom house is 83,000 to 123,000.

4 They rent between $700.00 and $1100.00.

5 Taxes range from $2600.00 to $3800.00.

6 Days on market are 4 to 9 months.

I would enjoy working with you on investments in Milwaukee as well as all of Wisconsin.
Bob and Sue Criss

Here's the info that I gathered for Naples, FLorida. I hope it's not too late. Thanks, MaryEllen Sickler

NAPLES FLORIDA
SOURCE: NABOR (NAPLES AREA BOARD OF REALTORS)
NAME SOUTH NAPLES EAST NAPLES
ZIP CODES 34112 & 34113 34114, 34117, 34120 & 34137

MONTH/YEAR Nov-11 Nov-12 Nov-11 Nov-12
UNEMPLOYMENT RATE 9.60% 8.00% 9.60% 8.00%
MEDIAN COST 155 207 137 174
MEDIAN RENT 650 725 750 800
AVERAGE TAXES * * * *
AVERAGE D.O.M. 147 168 154 185
INVENTORY LEFT 409 397 747 666

AVERAGE TAXES* R. E TAXES: CALCULATED ON TAXABLE VALUE NOT COST
MILEAGE RATE:* 12.2482 12.0851
TAXABLE VALUE DIVIDED BY 1000 X MILEAGE VALUE

RENT INFO: RENT AVERAGES TAKEN FROM CRAIGSLIST ADDS,
LOCAL NEWSPAPERS & LOCAL RENTAL PAMPHLETS
UNEMPLOYMENT: RATES ARE FOR ALL NAPLES ZIP CODES (2011 RATE
WAS FOR DEC. 2011 NOT NOV. 2011 )

1. Unemployment: 7.6 down from 7.65
2. Average 3bdr. $184,700
3. Average Rent $1300
4. Average Taxes $3200
5. DOM 78

1. What city are you in?
Somerville, MA

2. What is the current unemployment rate and what was it 12 months ago?
4.5% Jan 2013
5.0% Jan 2012

3. What’s the current average cost of 3 bedroom house in your area?
$450,000

4. What’s the average rent for that same house?
$2,500

5. What are the average annual taxes for that property?
$4,600

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

THis is an exciting opportunity..and I couldnt pass it up..Good Luck to us all!

1) City: Lorain, Ohio
2) Current Unemployment Rate: 6.8%
12 mos ago: 7.9%
3) Current Avg cost of 3 BR home: alot of variance but average: last 25 were for sale for average cost of $56,352.00 and last 25 sold for average of $50,498.00 Depending on size, stlye and area..Others solf for about $105,000.
4) Average rent cost for 3 BR house is about
$750.00 But varies again depending on size,
style and area.
5)Taxes varied. Ex of 3 bedroom 2 bath house that cost $119,500 paid yearly tax of $1400.
6) Many houses in Lorain stay on the market for an average of 200 days.

We are located in Columbus, Ohio where the current unemployment rate is below the national average and is
5.1 down from 6.9 a year ago
We researched 2 area codes. We will post them seperately as we feel the second is more what you are looking for.
the 1st area code
*43228* is around the west side outerbelt and close to the new casino in Columbus
$74,918 is the average cost of these houses
$977 is the average rental cost
$2,379 is the average taxe rate
124 are the average days on market

*43206* is the south end of colubus and rumor has it they are starting to revitalize this area.
$34,098 is the average cost of housing
$707 is the average rental cost
$1,054 is the average tax rate
203 are the average days on market.
We used PropTrend, Zillow, Rent-o-meter, and the Franklin county Auditors web sight to gather our information. Thank you Jeremiah and Sheryl Marx

1. Miramar, Fl.
2. Nov. 2012 - 7%
3. Cost of 3 Bedroom house $195,000.00
4. Average rent $1500
5. Average annual taxes $2623.00
6. Current days on market 28 days

1. What city are you in? -
Quincy, MA 02169

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

5.7% As Of November 2012. 6.4% in
December 2011.

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

325K

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

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

2013 $2200

6. What are the current days on market?
124

1.i am in Los Angeles
2. Current unemployment rate 10.1 a year ago 12.1
3.Avg cost of three bedroom 240k to 399k
4.Avg rent 1900 to 2300
5.Annual taxes 2400
6.90 days

1. What city are you in?
Florissant, MO

2. What is the current unemployment rate and what was it 12 months ago?
Current Unemployment Rate: 6.2%
Unemployment Rate 1 yr. ago: 7.5%

3. What’s the current average cost of 3 bedroom house in your area? $89,900

4. What’s the average rent for that same house?
$875/month

5. What are the average annual taxes for that property? $2,600/yr.

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

What city are you in? Honolulu Hawaii

2. What is the current unemployment rate and what was it 12 months ago? 5.3 down from 6.7

3. What’s the current average cost of 3 bedroom house in your area? 437k

4. What’s the average rent for that same house? 3,200

5. What are the average annual taxes for that property? 1920

6. What are the current days on market? 91

The beauty of Hawaii is that the value is in the land, I also googled the Virgin Islands but because it is a seasonal location the unemployment rate is very high. Worth looking into though for those vacation rentals

Boca Raton, FL

1. unemployment rate - now - 6.8%, 12 months ago - 8.1%

2. Avg cost of 3 BR - $240,000

3. Avg rent for 3 BR - $1820

4. Avg tax for 3 BR - $4191

5. Avg DOM - 135 days

1. What city are you in?
Huntington NY 11743
East Elmhurst NY 11369
2. What is the current unemployment rate and what was it 12 months ago?
Huntington NY 11743: 6.00% (Jan 2012= 7.1%)
East Elmhurst NY 11369: 8.90% (Jan 2012= 9%)

3. What’s the current average cost of 3 bedroom house in your area?
Huntington NY 11743: $182K - $640K based on sold properties, but average listing price can be $800K to $1,109,489.
East Elmhurst NY 11369: $315K - $570K

4. What’s the average rent for that same house?
Huntington NY 11743: $1,5K - $3.4K a month
East Elmhurst NY 11369: $1.5k - $2.9K a month

5. What are the average annual taxes for that property?
Huntington NY 11743: $5,644 - $13,488
East Elmhurst NY 11369: $2,503 - $4,000

6. What are the current days on market?
Huntington NY 11743: 16 days to 150 days
East Elmhurst NY 11743: 10 days to 110 days

Dean & Matt,
Corpus Christi, TX, is the P-E-R-F-E-C-T market for growth, investment, and rental property. Known as the Sparkling City by the Bay and home of a major chemical plant, VALERO Chemical, one of the largest ports in Texas, as well as a military Training Installation, Naval Air Station (Corpus Christi) which will never close, and the opening soon of another Entertainment Water Park, Schlitterbahn. Not to mention the growing of university student attending Texas A&M University-Islanders. There are literally hundreds of people residing (renting) on the island as well as off the island that work on any of the above companies so there's never shortage of renting property here. I'm ready to be your next Area Manager.

1. Corpus Christi, TX
2. Unemployment rate is 5.8%, down from 7.3% 12 months ago.
3. Avg. cost of a 3BR 2BA house is $147,500.00
4. Avg. rent for a 3BR 2BA house is $1,350.00
5. Avg. taxes for the same house is $3,200.00
6. Avg current days on market is 101 days

I really believe you both select Corpus Christi, TX as your next location to purchase and rent property. It really is the ideal location because there's so much to offer here, i.e. jobs, education, technology, industrial, etc. I'm so excited to be your next AREA MANAGER and promote this business to a level beyond imagination. Thank you gentlemen and God's peace.

Jerry D. Dally

1. Current = 8.92, previous = 12.91, last year = 11.29

2. Cost....$90,000.00, 33569

3. Rent....$1100.00

4. Taxes...$1100

5. DOM.....+/- 110

1. Location Fresno, Ca

2.Unemployment, Nov 2012 14.4%, Dec 2011 16%

3.Average 145,000

4.Rent $1,050

5.Taxes $1812.50

6.D.o.M 44 Days

Dean and Matt,

I have enjoyed your posts, books, webcasts, DVDs and other material. You keep coming up with exciting ways to share knowledge, experience and business opportunities with your many devoted students / partners that you want to share in your ethusiasm about doing real estate business. You guys truly "Pay it forward".

1. The Boston CSA is Greater Metro Boston, the North Shore and South Shore areas and also includes Worcester (MA), Providence (RI), and Manchester (NH).

2.The unemployment rate for Boston is 5.8%, down from 6.2% a year ago.

3. The median selling price of a house in the Boston area for the last 12 months is $348,000. The North Shore communities' median for that period is $268,500. The average for a 3 bedroom is around $372,800.

4. The average rent for a 3 bedroom is $1,800 - $2,000 with executive rentals in the $5,000 range.

5. Average taxes for a 3 bedroom run $3.600 - $3,900.

6. Current DOM is 89 days for Boston with the North Shore communities averaging 112 days.

Boston is ranked #3 as the place to move to in 2013 for your career, according to PayScale.com. The area offers some of the best schools in the country and a tremendous technology belt for cutting edge start-ups and established business. Boston has a history of being a hot bed of innovation and action since before the Amercan Revolution. That spirit stays alive today with growth industries prospering alongside the preserved history of the country's early days like Old Ironsides, Bunker Hill, the Old North Church and the Freedom Trail. The Boston CSA provides great lifestyle diversity from historic urban living on Beacon Hill and the Back Bay to being in the suburbs inland or along the coast. Recreation is inviting and diverse from the serene beaches of Cape Cod, the history of the mansions of the rich and famous in Newport (RI), shore fishing in the ocean for striped bass, daytime boat excursion for whale watching or chartered deep sea fishing, to a large number of fresh water lakes for swimming, boating and kayaking, beautiful fall foliage trips, mountains for hiking and winter skiing. For the culturally inclined, there is a theater district, museums for fine arts, science and one devoted to having kids be "hands on", an aquarium, and exquisite dining opportunies. Boston is also about a 3 hour car drive to New York City for business meetings or a get away weekend to take in dinner, shopping and a broadway show. Boston is well poised to prosper in the next few years as the economy and the real estate market improve. It is a great place to invest now and I can lead the way as a team member to benefit and prosper all of us.

Tom

1. Fontana, CA
2. 11.5%, 12.8 12 months ago
3. $215,000
4. $$1,500
5. $2,290
6. 31 dom

1. Saint Cloud, MN
2. Current unemployment: 4.8%
12 months ago: 5.2%
3. Ave. cost of a 3 bed house: $94,900
4. Ave. rent of same house: $950
5. Ave. taxes of same property: $1652.00
6. Ave. days on market: 136

Here are the six questions to answer:
1. What city are you in? El Paso
2. What is the current unemployment rate and what was it 12 months ago? 8.6% from 10.6% june 2011
3. What’s the current average cost of 3 bedroom house in your area? $125,000
4. What’s the average rent for that same house? $900.00
5. What are the average annual taxes for that property? $1800.00
6. What are the current days on market? 60days

We have a really good market here:)

1. What city are you in? El Paso
2. What is the current unemployment rate and what was it 12 months ago? 8.6% from 10.6% june 2011
3. What’s the current average cost of 3 bedroom house in your area? $125,000
4. What’s the average rent for that same house? $900.00
5. What are the average annual taxes for that property? $1800.00
6. What are the current days on market? 60days

We have a really good market here:)

1. Phoenix, AZ
2. current unemployment rate: 6.7%
one year ago: 8.0%
3. Ave. cost 3BR in zip code 85033: $67,151
4. Ave. rent: $800
5. Ave. taxes: $3730
6. Ave. DOM: 48

City - South Elgin, IL 60177
Current unemployment rate 9.60%, 12 months ago 10.3%
Average cost of 3 bedroom house around $150,000
Rent - $1,500-$1,600/ month
Average taxes $5,200/ yr
DOM - 84

Thank you for making this all possible. I hope you choose my area & I get to work closely with you both. I know this will be a great year!! Thanks & God Bless.

Sandra

1. What city are you in?
Grand Rapids, Michigan (Rockford)

2. What is the current unemployment rate and what was it 12 months ago?
Current rate is 6.4% and it was 7.2% a year ago

3. What’s the current average cost of 3 bedroom house in your area?
The average sale price for the last 6 months for a 3br in N. Grand Rapids is $86,600

4. What’s the average rent for that same house?
Average rent for these homes is $1100

5. What are the average annual taxes for that property?
Taxes range from $1800 - $2400 depending on lot size

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