Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers

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.

Your Next Area Manager

1) Reynoldsburg, OH 43068 (far East suburb of Columbus)

2) 5.3% is current unemployment (Oct. 2012)
7.0% was 12 months prior (Oct. 2011)

3) $99,099 is average sales price of 3 BR over last 3 months. The ave. list price of the same was $101,878.

4) ave. rent is $990 (Rentometer), $1097 (ave. on Craigslist).

5) $2068 are annual taxes on a home of ave. sales price.

6) 130 is DOM ave. over last 3 months.

The Columbus, Ohio area is a great market - being the capital of Ohio and home to a major university (The Ohio State University), among many other benefits.

Thanks for your consideration!

Teresa B.

AREA MANAGER? PICK ME!! PICK ME!!

meeshie75's picture

Hi Dean and Matt! Did my homework Smiling

1. City: Las Vegas,NV
2. Unemployment: 11.6% (Oct 2012
12 months ago: 13.6% (Dec 2011)
3. Average Cost 3bed: $120,000
4. Average Rent 3bed: $1,200
5. Average Annual Taxes: $1,000-$1,350
6. Current Days on Market: 3-5 days

Here's to a rockin 2013!!

1.) Little Rock-North Little

Ed Daughenbaugh's picture

1.) Little Rock-North Little Rock-Conway, AR Metropolitan Statistical Area

2.) 5.8% (Nov 2012) 6.6% (Nov 2011)

3.) $236,380.00

4.) $695.00

5.) $3,098.80

6.) 68 Days

Six Answers 2013

1) Deerfield Beach, Florida

2)Current unemployment rate 8.1%/12 months ago-8.5%

3)Avg. cost 3 bdrm house:$135,000

4)Avg. rent: $1200

5)Avg annual taxes: $2000

6)120 days

Weekly Wisdom #217 - Seeking Investor Area Managers

Okansmom's picture

1. City - Altamonte Springs, FL

2. Current Unemployment rate 6.8 down from 8.7 a year ago

3. Average cost of typical 3 bedroom house is approx. $115K

4. Average rent for same approx. $1,250

5. Average taxes approx. $1,500

6. Current days on the market are less than a week!!

It's always "hot" here in FL. Let's get busy!

Looking for an investor area manager...in Canada?

Hi I live in Red Deer AB Canada. This area is very heavily populated by oilfield workers and money....

1 Unemployment rate is 4.5% and was 5.1% a year ago
2 The average cost of a 3 bedroom house is $324080.00
3 Average monthly rent is $1395.00
4 Average yearly tsxes are $2404.00
5 Average days on the market are 104

Red Deer is a sellers market right now, meaning prices are slightly high, but not enough properties to go around making landlords in a good position to make money. I know you probably are not interested in Canada, but with not enough houses and to many people why not give it a try...

Come to the Land Of Enchantment

Here are the six questions to answer:
1. What city are you in?
Espanola,New Mexico (Santa Fe County)

2. What is the current unemployment rate and what was it 12 months ago?
Current 4.9%, and 12 months ago 5.7%

3. What’s the current average cost of 3 bedroom house in your area?
$198,700 –

4. What’s the average rent for that same house?
$850

5. What are the average annual taxes for that property?$700

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

1. What city are you in?

king_priest's picture

1. What city are you in?
Hammond, Indiana (just outside of Chicago)

2. What is the current unemployment rate and what was it 12 months ago?
9.2%, 10.4% 12 months ago

3. What’s the current average cost of 3 bedroom house in your area?
$80,647

4. What’s the average rent for that same house?
$1100.00

5. What are the average annual taxes for that property?
$1450.00

6. What are the current days on market?
92

P.S. I currently have a listing of 433 foreclosure properties in Hammond. The properties are there just waiting for your money!

Thanks,
Mr. Lara

^ questions to answer

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Here are the six questions to answer:

1. What city are you in? Warner Robins, Georgia
2. What is the current unemployment rate and what was it 12 months ago? 7.8% today, 7.4% 12 mos ago
3. What’s the current average cost of 3 bedroom house in your area? $117,900.00
4. What’s the average rent for that same house? $1300.00
5. What are the average annual taxes for that property? $2500.00
6. What are the current days on market? unknown
Please do your research and post your answers below.

1. Brooklyn, NY 2. The

steve.liadi's picture

1. Brooklyn, NY
2. The current employment rate in brooklyn,ny is about 8.8 and about a year ago is was 9.0
3. The average for a 3bedroom in brooklyn,ny is 200k-300k
4. The average rent for a 3bedroom is 1400-1500
5. The average annual tax 2500-3000
6. The average number of days on the market 30days-40days

Area Manager_Investment Opportunities in ATL, GA

barobinson's picture

1. What city are you in? Atlanta, Georgia

2. What is the current unemployment rate and what was it 12 months ago?
Current Unemployment Rate: 8.5%
Unemployment Rate 12 Months Ago: 9.7%

3. What’s the current average cost of 3 bedroom house in your area? $186,000.00

4. What’s the average rent for that same house? $1120.00 / month

5. What are the average annual taxes for that property? $3000.00

6. What are the current days on market? 77 Days

Atlanta is always booming and is definitely on real estate market rebound. It would be a wonderful expansion opportunity.

Your partner in the Southeast

1. What city are you in?- ATLANTA

2. What is the current unemployment rate 8.5% what was it 12 months ago? 8%

3. What’s the current average cost of 3 bedroom house in your area? $118,000

4. What’s the average rent for that same house?
$600.00 to $800.00

5. What are the average annual taxes for that property? 3,500.00
#
6. What are the current days on market?
6 to 7 months

Area Managers

Hello,

Please find the answers to questions #1-6 below:

1. City: Corona, CA

2. Unemployment Rate:
Current: 12.8%
Last yr: 12.5%

3. Avg. 3 bd home cost: $267K

4. Avg. 3 bd home rent: $1,600/mo

5. Avg. annual taxes for 3 bd house: $3,500/yr

6. Current DOM: 100 dys

Thank you for the opportunity to enter.

Sally

Seeking Investor Area Managers

Hi Dean & Matt,

Attached are the answers to your great questions. I am going to use stats of one of my single family home investment properties in Aurora. Most of the SF homes that are great investments, are very similar to these statistics:

1. What city are you in?
Aurora, IL

2. What is the current unemployment rate and what was it 12 months ago?
Current Unemployment Rate = 8%
1 Yr Ago Unemployment Rate = 8.8%

3. What’s the current average cost of 3 bedroom house in your area?
Average Cost = $60,000

4. What’s the average rent for that same house?
Average Rent = $1250/month

5. What are the average annual taxes for that property?
Average Annual Taxes = $3500

6. What are the current days on market?
Current days on market average = 60 Days

Though these stats are the numbers of my present investment property and average of most investment properties on the market, there is an abundant supply of single family homes to 4 units, to 20 units which cashflow very nicely if purchased right. Aurora is the 2nd biggest city in IL outside of Chicago, it is a blue collar town, with a casino, many restaurants, entertainment and a great city to invest in.

Thank you for your Professional Consideration!
Sean

Seeking Investor area managers

Wichita Kansas
Current unemployment rate is 6.8%, down from 7.6% Average cost of a three bedroom house,$132,000.00
Average rent of a three bedroom house,$1100.00
Average taxes,$2250.00
Current days on market 90 days

Investor Area Managers

lindaseels's picture

1) City - Albuquerque, NM
2) Current unemployment rate - 6.5%
1- year ago 7.0%
3) Cost of 3 bedroom house - $202,000
$1.06 per sq. ft.
4) Average rent - $1200 - $1400
5) Average annual taxes - $2000.00
6) Current days on the market - 63-81 days

I have been a real estate broker for 17 years, own my own company did some flips and investments last year and am looking to move from the day to day activities of being a real estate broker into more of an investors role.
Would love to be your Albuquerque Manager!

Seeking new area managers

1. Garland Texas

2. unemployment rate was - 6.3%, current - 7.9%

3. Avg. value for 3/2 bdr - $100,000, but could pay about 60% of that.

4. Avg. rent - $1,000.

5. Avg. annual taxes - $2600.

6. Avg. DOM - 90 days

Note: I have 20 plus years of experience in section 8 rental properties working with the state. I currently have contact with each local housing agency, caseworkers, inspector's, and other essential information that would have rental properties leased by (30) days.

Thanks for an amazing opportunity...

Area Managers

1. City - Leominster, MA
2. Unemployment rate - 8%, Jan. 2012 - 10.1%
3. Average cost of 3 bedroom - $180,779
4. Average rent of 3 bedroom - $1400
5. Annual Taxes - $3246.79
6. Average DOM - 117

1. City - Fitchburg, MA
2. Unemployment rate - 8%, Jan. 2012 - 10.1%
3. Average cost of 3 bedroom - $106,465
4. Average rent for a 3 bedroom - $950
5. Annual Taxes - $2028.15
6. Average DOM - 158

1. City - Worcester, MA
2. Unemployment rate - 6.6%, Jan. 2012 - 8.1%
3. Average cost of 3 bedroom - $156,000
4. Average rent for a 3 bedroom - $1550
5. Annual Taxes - $2898.48
6. Average DOM - 99

1. City - Ayer, MA
2. Unemployment rate - 5.8%, Jan. 2012 - 6%
3. Average cost of 3 bedroom - $216,250
4. Average rent of 3 bedroom - $1450
5. Annual Taxes - $2947.48
6. Average DOM - 167
5.

Investor Area Managers Answers

Only1truth's picture

1. I am in Anchorage, Alaska
2. The current unemployment rate is 4.9 for the Municipality of Anchorage, Alaska and 5.9 in January 2012
3. The average cost of a three bedroom house in a fair neighborhood is $205,092.30
4. The average rent for a three bedroom house is $1606.05
5. The average annual taxes for that property is $2440.00
6. The current days on market are 126. Listed on the same street another house the exact same style sold in November was on the market for 137 days.

Ct area manager

Middletowm CT 06457

8.9%

Ask $200k-$350K , selling around $180K-$200K

Ave Rent about $1500 for homes

Taxes $4000
Days on market 90-180

ANSWER

monalianil's picture

1. JACKSONVILLE, FL 32277
2. Current unemployment rate DEC 2011=9.6%, NOV 2012 7.8%.
3. Avg. cost of 3 bedroom house = $135000
4. Avg. rent = $941.45/mo.
5. Avg annual taxes = $2160.13
6. current dom = 80

Seeking Area Managers Answers

1. Lexington, KY Unemployment Rate
July 2009 8.8%
November 2011 7.7%
November 2012 6.6%

2. 40517 $117,800 average cost of 3 bedroom home in this area

3. $880/month on average

4. in 2010, average taxes were $1660 on 3 bedroom homes

5. Average days on market 129, depending on condition of home

Jacksonville,Florida Area Manager 32244

#1 What city are you in?
Jacksonville,Florida 32244
#2 What is the unemplopyment rate in your city?
7.7% 1/2013 / 10.2 10/2011.
#3 What is the avarage cost of a 3br 3br home in your zip code?
130,000.
#4 What are the property taxes for this home?
1,100.00 Yearly.
#5 How many days on the Market for this zip code?
70 days down from 110 days a year ago.

Cristian Miami area manager

cris1808's picture

1. Miami

2.current unemployment is 9.8%
unemployment 12 months ago was 11.6

3.-sale 154,000 listing is 1,000,000

4.from rent-jungle;the average Miami has been 2,550
and the average income is 45,000
but there are thousand of 3 bdrm for 1000 in low income
area.

5. 0n north Miami beach the avg is 2000, but in higher income areas like Miami beach is 5000

6. in north Miami beach(low income area) 174 days

I am young and only started to learn about real estate 1 month ago. now am trying to help those around me, as well for my self. i will work very hard if i able to acquire these opportunity. but what ever may happen i plan to keep building on everything i have at my disposal. if given this chance, i will give it my all, 100%.

RE: The Numbers You Are Looking For

mwoode's picture

1. City Are you In:
Marion/Cedar Rapids IA, EastCentral Iowa.
2. Unemployment Rate
Curently Down to 5.1% From 5.9% in December 2011
3. Average Rent for 3 Bedroom Home is
$1,400
4. Average Annual Taxes $1888
5.Average Days on the Market from MLS is 103 Days

Marion is a Suburb of Cedar rapids with a population of around 126,000. Two Colleges Kirkwood Community and Mount Mercy University. We are coming out of the Flood of 2008 that broke the 500 Year Flood Plain with tax incentives for redevelopment plans in the works.

Thats all I have from the heartland and really proud of both YOu Dean and Matt

KCMO

Kansas City is in the unique position of being in three counties and on the state line, so average numbers are almost meaningless here. There's basically the whole gamut within about 15 miles.

1. What city are you in?
Kansas City, MO

2. What is the current unemployment rate and what was it 12 months ago?
Current: 7.2%, One Year ago: 7.7%

3. What’s the current average cost of 3 bedroom house in your area?
Average listing: $177k. Average sale price: $70k. These numbers are very skewed - median list price is $120k.

4. What’s the average rent for that same house?
Around $1k

5. What are the average annual taxes for that property?
$1040

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

Reply To: Weekly Wisdom #217 - Seeking Investor Area Managers

anointed2's picture

(1) City - White Plains, New York - Westchester

(2) Unemployment Rate 6.5% from 6.4%

(3) Current Average Cost $455,292

(4) Average Rent $2,929

(5) 7,000 Average Tax

(6) Days on Market 175

Seeking Area Manager

1.What city are you in? Philadelphia

2. What is the current unemployment rate and what was it 12 months ago? 10.8% currently 11.2% 12mths ago

3. What’s the current average cost of 3 bedroom house in your area? 100k

4. What’s the average rent for that same house? $700

5. What are the average annual taxes for that property?$1,403

6. What are the current days on market? 90-120 days

Seeking Investor Area Manager - Katy, Texas

Katy is located west of Houston. Zip codes are 77491, 77493, 77494, 77449 and 77450. The County is Fort Bend.

1. Unemployment rate 5.8% (source TAMU), and it has the second highest job growth rate in the Nation.
2. Average home value is $198,500
3. Average rent is $1,225
4. Average taxes / properties is $1.527/$1,000
5. Average days on market is 68.

I live in one of the most promising regions in Texas, and here it´s being built the future of the energy independence of the country.

Hope you all join our efforts.