Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

Here are the six questions to answer:
1. What city are you in? Berkeley, Ca. In San Francisco Bay Area

2. What is the current unemployment rate? SF.6,9% Berkeley 8.5% Marin 5.8&

3. What’s the current average cost of 3 bedroom house in your area?
$390K – $800K

4. What’s the average rent for that same house?
$2.2K – $3.0K per month

5. What are the average annual taxes for that property? 1.141%

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

1) Port Saint Lucie, Florida
2) Current Unemployment rate-10%
12 months ago 11.7%
3) Avg. cost of 3 bedroom house - $100,500
4) Avg. rent - $1200
5) Avg annual taxes - $2100
6) Current DOM -90

I live in Jensen Beach (34957) , Florida. Port Saint Lucie is the town/county that borders mine. The town is growing (8 zip codes)and has properties ranging from $50,000 to where ever your lifestyle takes you. But it's mostly a town full of working class families and an investment opportunity.

I have been getting things started in CLARK COUNTY INDIANA.
Indiana became a right to work state in Feb 2011 bringing growth to this area located near Louisville KY.

Unemployment rate:
Feb 2010 11.3%
June 2011 7.8%
Sept 2012 6.7%

Current average cost for a 3 bedroom is $110,000.
I can tell you from working out there for the past year you can purchase rentals very cheap with little repair, there are also a lot of total rehab houses. From bandit signs I have used there is no shortage of people wanting to rent.

Rents vary in Clark County but range for this price house $760-$1,000.

Indiana is among the states with the lowest property taxes. Average property tax for a house costing $110,000.00 is $948.

Days on the market for a 3 bedroom 115 days one of my agents said.

But wait theressssss more...for just $19.99 lol
Just kidding
I hope this information will help move you and I closer to our goals.

Modesto (95350)
1. Unemployment Rate: 13.4% (Oct 2011) to 11.6% (Oct 2012).
2. Average cost of 3 bedroom house: $130K
3. Average rent for 3 bedroom house: $1200
4. Average tax for the property: $1300 per year
5. Current days on market: 100 Days

I am ready to work hard for you guys!

Tony

1) What city are you in?
Roseville, CA

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

Oct, 2012 8.9%
Oct, 2011 10.4%

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

330,000

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

$1900

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

$3000

6. What are the current days on market?

78

1. Shoreline, WA
2. 6.9% vs. 8.1% a year ago
3. $303,500
4. $1625
5. $3300
6. 52 days

Healthy job growth, increasing rents, increasing median incomes and inventory levels down 50% from a year ago at just a 2 month supply.

#1. Alexandria
#2. 4.4 %
#3. $650,000.00
#4. $5,500.00
#5. $6,200.00
#6. 60-90 Days

1. What city are you in?

Bellevue, WA

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

Oct 2012 5.7 % 12 months ago. Oct. 2011 6.1

3. What’s the current average cost of 3 bedroom house in your area?
$456.875

4. What’s the average rent for that same house?
$2,506

5. What are the average annual taxes for that property?
#$3586.00

6. What are the current days on market?
123 Days on Market

Hi everyone! It is great being able to see all of this "real" Real Estate data. Truly gives a picture of where things are at around the nation.
I am a professional RE investor that travels along the Western Slope and Front Range of Colorado, as well as into Southern Wyoming. I've pulled info on towns along the way as I am easily able to view and look at homes in these areas. Having lived in or near all of these towns makes me very familiar with the markets as well as the desire-ability of the neighborhoods.
The data is for VERY similar 3/2 SFH, 1200 SQ Ft with a two car garage. This seems to be the typical homes that are always rented in our area.

Denver, CO (pulled from Northern area)-experiencing tremendous growth with prices rapidly increasing
Unemployment 8.0%-->7.8%
Sold $ 160,000
Rent $ 1400
Tax $ 1555
DOM Ave 46

Fort Collins, CO- college town/cited as one of the best places to live
Unemployment 6.4%-->6.3%
Sold $ 160,000
Rent $ 1300
Tax $ 1500
DOM Ave 78

Grand Junction, CO- college town/largest city between Denver and SLC/Regional Medical Center
Unemployment 8.8%-->8.8%
Sold $ 140,000
Rent $ 1200
Tax $ 760
DOM Ave 43

Cheyenne WY- Armed Services base as well as oil refinery
Unemployment 6.5%-->5.9%
Sold $ 117,000
Rent $ 1100
Tax $ 1165
DOM Ave 71

Here's to great success and joyful ventures! Make it an awesome day.
P.S. I'm your girl, and I'd love the opportunity to tell you why.

60563 is one of 3 zips in Naperville IL. Certainly a ton of opportunity here!!

Unemployment 6.4% 12 months ago 7/2%

Avg cost of 3 bedroom in 60563 is $265k based on 14 properties for the entire Naperville area....$314k based on 25 additional properties.

Average rent in 60563 is $2214 for the Naper area $2632 Its $1.02 per sq ft.as an average.

Taxes average $2600 in 60563 and in the Naperville area including the Will Co. part $3300.

Current DOM 136 days for the entire area.

1) Hampton Roads (south east Virginia 7 cities)
6.9 Unemployment rate in 2011/ 6.1 2012

2) 3 Bedroom average $163,500

3) Rent $1200 - $1400

4) Taxes $1.04 per $100 (This house $1700)

5) DOM 90

1. Atlanta Metropolitan Area - Stone Mountain, GA
2. 8.5% Nov/2012 down from 10+% in October 2011
3. Sale price Stone Mt 30087: $98K, Decatur 30032: $45,770
4. Rent $850 - $900/month
5. taxes $900
6. 52 days

I am not working anymore & 100% focused on my blue print.

My name is Ron Chorny and I'm in Tampa, Florida

The current unemployment in Tampa is 8.2% and last year is was 10.6%

The average cost of a 3 bedroom home is $150,000

The average rent for a 3 bedroom home is $1,500

The average taxes for a 3 bedroom home is $1,500

The current days on the market is 75 days with more for Short Sales and less for straight sales

1. City: Silver Spring, MD
2. Current Unemployment Rate: 4.7%
12 Months Ago: 5.1%
3. Average Cost 3BR House: $360,000
4. Average Rent 3BR House: $2,150/Month
5. 2011 Average Annual Taxes: $3,392
6. Average DOM: 60

1. What city are you in?
Bloomfield, NJ

Note: Bloomfield is part of the NY Metro - Northern New Jersey Area. It is about 5 minutes from Newark Penn Station, which is 15 minutes from Manhattan. This is a good area for investment. Good transportation: the NJ Transit Bus and Rail System. Good schools: Rutgers University, UMDNJ, NJIT, Montclair State University and Bloomfield College.

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

- The current unemployment rate is 8.6%
- The unemployment rate was 10% as of December 2011

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

- $220,000.00

(Note: As we know there are a number of factors that determine the price of a house. This value is for a 3 Bedrooms, I Bathroom, 3,049 sqft house).

4. What’s the average rent for that same
house?
- $1850

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

- $7,776 (2011)

6. What are the current days on market?

- 48 Days

1. What city are you in?
Twin Falls Idaho
2. What is the current unemployment rate and what was it 12 months ago?
6.2% from 7.8%
3. What’s the current average cost of 3 bedroom house in your area?
$130K
4. What’s the average rent for that same house?
$820
5. What are the average annual taxes for that property?
$1025
6. What are the current days on market?
75

1. Hemet/San Jacinto, CA

2. Current unemployment rate is 16% as of 10/12 and 17% as of 10/11.

3. Current average cost of 3 bedroom house is $140,916 (list) or $116,660 (sold).

4. Average rent for 3 bedroom house is $1,208.

5. Average annual taxes are $1,450.

6. Current average days on market is 23.

Thank you for the opportunity to work with you in my area! Also, thanks for the lesson!

Hello from a Canadian student!
1) Montreal, Canada
2) 10.1% UE rate. Down from 11.3% 12 months ago.
3) $290,500 is avg cost of 3 bedroom home
4) $1,861 is avg rent
5) $3,289 for all annual taxes
6) 24 DOM

A great reason to visit our vast country.
Cheers,
Talia

My city is Bethel, Vermont
Current unemployment rate is 5.2%
Average cost of 3br home is $198,900
Average rent is $1200
Average annual taxes for property is $1918.60
DOM is approximately 129

Just want you to know Bethel is a town and not a city. Small quaint and wonderful! I am new and going to the 3 day workshop this coming weekend. I am excited and ready to hit the ground running. Lovey

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. Alexandria, VA
#2. 4.4 %
#3. $650,000.00
#4. $5,500.00
#5. $6,200.00
#6. 60-90 Days

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. Alexandria, VA
#2. 4.4 %
#3. $650,000.00
#4. $5,500.00
#5. $6,200.00
#6. 60-90 Days

Chicagoland Area:

1. Area: 60647 (Logan Square)
2. Unemployment Rate: Current: 9.29%;
1 yr. ago: 8.53%
3. Avg. Cost of 3 Bedroom House: $350,000
4. Avg. Rent: $2,000/month
5. Property Tax: $24,986
6. Average Days on Market: 103

1. 60634
2. Current: 8.84%; 1 yr. ago: 10.07%
3. $200,000
4. $2,000/month
5. $20,497
6. 103

1. 60068
2. Current: 7.88%; 1 yr. ago: 8.91%
3. $400,000
4. $2,000
5. $32, 587
6. 115

1) City Hub of Tidewater Va. Carrollton, Va Beach, Norfolk, Chesapeake,Suffolk, Hampton, Newport News, Isle of Wight,
2) Unemployment rate 5.6 % current 2012, 2011 6.0%.
3) 3 bedroom house 110,000.00 avg price 1200 sq ft
4) Average rent $1,000.00 month
5) avg tax on $110,000 $1,217.00
6) 90-110 days on market

#1. Alexandria, VA
#2. 4.4%
#3. 650,000.00
#4. 5,500.00
#5. 6,200.00
#6. 30-90 Days

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. Pembroke Pines, Florida
2.Current unemployment rate is 8.6% as of November 2012,
12 months ago was 7.5%
3.Average price is 273,000
4.average rent is 1,880
5.annual taxes 3,200
6.average days on market is 79 days

California S.F. Bay Area
Tri-Cities; Fremont,Newark,Union city

1. Newark
2. 8% / 10.3%
3. 350k
4. $1800.
5. 1.25%
6. 30 or less.

As you travel outward from the area it can have many changes. Example;

1. Manteca
2. 11.7% / 16.3%
3. 180k
4. $1300.
5. 1.25%
6. 30

All we have to do is find the area here that works for you and I can start anytime.I have no family to support, low overhead and ready to go.
P.S. Matt, Thank you for taking the time to answer my questions late Friday at the EDGE 2012.

1. What city are you in?
Cincinnati, Ohio

2. What is the current unemployment rate and what was it 12 months ago?
As of October 2012 - 6.3%

3. What’s the current average cost of 3 bedroom house in your area?
$91,888

4. What’s the average rent for that same house?
$1,000

5. What are the average annual taxes for that property?
$1,380

6. What are the current days on market?
192

Thanks for the opportunity.

1 El Dorado County CA 2012 unemployment 9% 2011 11%

2. 175k- 300k 3br

3.rent $1000-$2000.

4.1% of cost ave $2000 yr.

5.more than 100 days ave.

Willing to work Cent Il and IN also.

I can retire and work were you need me Dean.

Steve and Veronica.

Hi, Dean and Matt! We live in Brunswick/St Simons Island, Ga. 1 hour south of Savannah and 1 hour north of Jacksonville,Fl. Here are the stats for our market:

Brunswick Ga:

9.5% down from 10.4%
130K avg price
$900 per month avg rent
$800 avg taxes
120 DOM

Savannah Ga

8% down from 9%
150K avg price
$1000 per month avg rent
$900 avg taxes
138 DOM

Jacksonville, Fl

7.7% down from 9.2%
147k avg price
$1100 per month avg rent
$1765 avg taxes
95 DOM

Joined DG in 2009. Thanks to you, over the last few years, purchased 5 homes that we have held and are all fully rented. Became founding member of Insider Elite in September and are looking to take our business to the next level by wholesaling and flipping. We would love to be your partner here in the beautiful Golden Isles Of Georgia. See you at the EDGE in April.

1) City : Buena Park, CA
2) Current unemployment rate : 8.9%
3) Current average cost of 3-bedroom house : US$370,000.00
4) Current rent for 3 bedroom house : US$2,300.00
5) Average Annual Taxes : US$3,000.00
6) Current days on the market : 90