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Updated almost 7 years ago on . Most recent reply

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Michael LaVan
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Ryan Blake
  • Lender
  • Texas
711
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936
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Ryan Blake
  • Lender
  • Texas
Replied

@Michael LaVan You need to define "HOT" to get a good answer.

Rentals are great in the Midwest (KC St. Louis Minnesota Indy)

Homes are flying off the market just about anywhere in Texas. In the areas I work in north Texas the average DOM are 10 - 15. I direct mail market to get my homes and then sell them quick.

The west coast still has properties somewhat affordable and are appreciating quickly. There could be another bust but that is all speculation investing.

You need to know what you are looking for specifically to find a hot market. If you don't have your investing plan in place, any market you go to will lead to failure.

On top of that, I think it is almost always best to invest where you know. If you are just starting out you probably should invest in your own backyard before trying to become a "big time player" investing out of state.

  • Ryan Blake
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  • 214.420.7324
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