Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

1.Quincy IL.
Unemployment Rate
2010:10%
2011:7.5%
2012 and now:6.3%

2.Avg.3 bed: 90 to 110,000

3.Avg.Rent: 7 to 900

4.Avg.Taxes:1700

5.D.O.M. 90 DAYS

1. What city are you in?

Bellingham WA

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

Unemployment rate is currently 7.6%
12 months ago it was 8.6%
The rate has been declining steadily it was at 9.7 the previous year ending and 10.3% the year before that.

3. What’s the current average cost of 3 bedroom house in your area?
Average listing price is $350,000
Average sales price $235,640

4. What’s the average rent for that same house?
$1375 to $1600 depending on the area of Bellingham.

5. What are the average annual taxes for that property?
$2300

6. What are the current days on market?
117 Days on the market is average.

Thanks
Jordan

1)Staten Island NY
2)unemployment rate 8.2 - 8.1
3) average cost of 3 bedroom house is 330.000
4) average rent 1,600
5) average taxes annualy 3,000
6) days on market about 180.
Thanks for the opportunity hopefuly you are looking for me guys and tahn i'll belive dreams do come true>>>>>

1. What city are you in?
GREELEY CO

2. What is the current unemployment rate and what was it 12 months ago?
8.6%

3. What’s the current average cost of 3 bedroom house in your area?
195,00
4. What’s the average rent for that same house?
$1100-1500 monthly

5. What are the average annual taxes for that property?
$931.00

6. What are the current days on market?

82 days on market

1. What city are you in?
GREELEY CO

2. What is the current unemployment rate and what was it 12 months ago?
8.6%

3. What’s the current average cost of 3 bedroom house in your area?
195,000

4. What’s the average rent for that same house?
$1100-1500 monthly

5. What are the average annual taxes for that property?
$931.00

6. What are the current days on market?

82 days on market

Here are the six questions to answer:

1. What city are you in?
Burleson Texas, south Ft Worth

2. What is the current unemployment rate and what was it 12 months ago?
2012 01 6.3
2012 02 5·9
2012 03 6.1
2012 04 5.3
2012 05 5·7
2012 06 6·3
2012 07 6·3
2012 08 5.6
2012 09 5·1
2012 10 5.2
2012 11 4.7
2012 12 4.7
2013 01 5·4

3. What’s the current average cost of 3 bedroom house in your area?
Average cost is at 61.00sf

4. What’s the average rent for that same house?
Rent is between $1 and $1.2 per sf = 1200 average

5. What are the average annual taxes for that property?
Tax rate + .66sf
6. What are the current days on market?
Around 60-75 days

Dean,
I am one of your new students and studying with PMI. This is now my life and would love to work with your team anywhere in the US but this is a great area to start.

Thanks
C

Portage, MI

unemployment is 5.4 in 2012 and 5.1 in 2013 form march to march

Median price for 3 bed is 119,500

Median 3 bed rent is 900.00

Median tax is 3,000

154 DOM

http://www.usa.com/portage-mi-income-and-careers.htm

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

I am very interested in this idea, I am in Las Vegas with the buying summit, I will do the research and get back with you

As of April 11, 2013
City: Worcester (Massachusetts)
Unemployment Rate: Down from 6.7% 12 months ago to 6.5%
Average Cost of 3BR: $145,500
Average Rent: $1115
Average Taxes: $2,704.00
Current Days on Market: 63
I am told that Worcester is in the top 14 “B” markets.

1. What city are you in?
Henrico, Virginia

2. What is the current unemployment rate and what was it 12 months ago?
March 2012 5.7, March 2013 4.8

3. What’s the current average cost of 3 bedroom house in your area?
$156,992

4. What’s the average rent for that same house?
$875.00

5. What are the average annual taxes for that property?
$1250.00

6. What are the current days on market?
59

1. Sacramento, CA
2. Current 9.2% last year 10.7%
3. $150,500
4. $1350
5. $1655
6. 23 DOM

Did you ever make a spreadsheet of the answers in this thread?

1. Sheboygan Wi
2. 6.5% 4-13 6% 4-12
3. $100k
4. $1000
5. $2000
6. 50

1. What city are you in?
Elmhurst, IL, 15 miles west of Chicago

2. What is the current unemployment rate and what was it 12 months ago?
Current unemployment rate is 9.4% down from last year 10%

3. What’s the current average cost of 3 bedroom house in your area?
Average 3BR is $322.000 average 3BR Foreclosure is $230,000

4. What’s the average rent for that same house?
Location dictates this one. Rents range from $1500 to $4200 with the average in the $2,300 range

5. What are the average annual taxes for that property? Taxes are not cheap here, the average tax is $7,380 with some of the high end homes topping $40,000 in taxes.

6. What are the current days on market?
With the shift upwards in demand, many young families are moving out of the city to Elmhurst. The average is tough to say with many selling in one day or max out to 60 if priced right. The big homes, or any home for that matter that is significantly over zillow will not sell. Example: Zillow $600,000 listed at $950.000.

Here are the six questions to answer:
1. What city are you in?
Glen Rock,New Jersey

2. What is the current unemployment rate and what was it 12 months ago?
Current 7.20%, and 12 months ago 9.1%

3. What’s the current average cost of 3 bedroom house in your area?
$600,000

4. What’s the average rent for that same house?
$6000 per month

5. What are the average annual taxes for that property?
$14,000

6. What are the current days on market?
30 -
http://www.weichert.com/NJ/Bergen/Glen_Rock/Gallery/

1. What city are you in? Ans:Concord.
2. What is the current unemployment rate and what was it 12 months ago? Ans: 8.7%(2013); 10.6%(2013).
3. What’s the current average cost of 3 bedroom house in your area? Ans:$350,000.
4. What’s the average rent for that same house? Ans:%1,875.00.
5. What are the average annual taxes for that property? Ans:$2,781.45.
6. What are the current days on market? Ans:2-20 days.

Here are the six questions to answer:
1. What city are you in? Milwaukie, OR
2. What is the current unemployment rate and what was it 12 months ago? Currently 8.1, 2012 8.8
3. What’s the current average cost of 3 bedroom house in your area? $250,000
4. What’s the average rent for that same house? 1,500
5. What are the average annual taxes for that property?
6. What are the current days on market? 78

Hi Matt its Tina Kennedy. I met you last month in Vegas. Hope everything is going good on your end. I want to be your area manager for Oregon. You know I can do it.

Good afternoon Dean!

We are located at the heart of the San Fernando Valley, some of Los Angeles' most desired real estate. And we have it all ... from multi-million dollar estates to gang-travelled low value areas with police "sub-stations" ... an investors theme park!

The answers for our area are as follows:

1. We are located in Chatsworth, CA (91311);
2. The current unemployment rate is 6.86% as of 06/2013 and was 7.87% as of 06/2012;
3. The average cost for a 3+2 sfr in 91311 is currently a whopping $440,420!
4. Rent on that baby is approx. $2,295/mo.!
5. The average annual taxes for this property would be approximately $4,500; and
6. The average time on the market for one of these homes is 16-45 days with 1-2 price reductions and an overall reduction of approximately 5.5%.

The beauty of this market though is the incredible speed at which this market moves and the high and low value areas in which to work!

I am a full time beginning investor in the Southern California area and would LOVE to work with You, Rian Oliver and Matt Larson!

We look forward to speaking with you soon! All the Best!