Offlinethe town in which i currently live in is located in southern cali, now interestingly enough the current market in our city is down, which provides the opportunity for rentals, especially since there are a lot of foreclosures...yet i have noticed a lot of properties for rent but no one is biting? is it wise to take my chance at flipping a foreclosure or renting a property or looking in another town? the closest town is about 5miles away so its not a big drive on my part and the area is much more wealthy. as an interesting tip about 90% of the population of my city does not work in the city itself...bc its so small there is really no where to work...hmm thoughts and comments?
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no one has any comments or thoughts on this posting?
Are you wholesaling? Ask your buyers where & what they are buying. Look for deals in their area of interest. That's the easiest way to determine where to buy. Good luck!!
Those who kill time murder opportunity.
"Beloved, I wish above all things that thou mayest prosper and be in health, even as thy soul prospers." III John 2
"To get up each morning with the Resolve To Be Happy is to set our own conditions to the events of the day. To do this is to condition circumstances instead of being conditioned by them." Ralph Waldo Emerson
If this pond is all dried up, why not consider another area to fish in. Echoing the previous post, find out where your buyers are interested in and buy there. As a side note check to see if this area is trending up. It might be time to buy. Check local papers, realtors, any source you can get to find out if the area is in an upward trend. Market status.
If the conditions are not rigjt then move onto another area. It would't hurt to check the conditions in the new area as well.
Good luck, hope this helps.
"Winners never quit and quitters never win."-Vince Lombardi
Rick
Rick Cooper Investments
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