InvestorLoft Real Estate Investing Blog

Posts Tagged ‘best cities’

Investment Property: Resources for Finding Hot Cities with Hot Buys

Wednesday, February 4th, 2009

 

Where are the good real estate investment deals these days?

Where are the good real estate investment deals these days?

There’s definitely no shortage of hot investment property floating around out there these days…but where do you go to minimize the “digging” for good deals?

How do you know what markets are hot, lukewarm, tepid and just plain ‘ol cold?

There are a ton of resources floating around out there on the web that are ready and waiting to provide you with timely, market-relevant information to aid in an investor buyer’s decision. This week’s blog post is a compilation of these resources, and we hope that if you have your own tools, you’ll share them with us in the Comments section below:

 

  • Interactive Maps from NAR: Check out the interactive maps for Median Home Price and Existing Home Sales by State
     
  • FinancialDynamix from InvestorLoft: Sure, we’re pimping our own ride here a bit, but every property on the site has a built-in calculator attached to it. Once you conduct your search by cash flow, cap rate, cash on cash return , downpayment and more, click on the “View Financials” tab of any property on our site an run the numbers real-time. Find out if it’s just a good price or also a great investment.
     
  • Keep Tabs on Forbes.com: They regulary publish great stories like Where US Home Sales Are Rising , America’s 25 Strongest Housing Markets , and America’s 25 Weakest Housing Markets.
     
  • Data Sets from Cyberhomes.com: When you log into their home page, they’ve done some preliminary sorting for you. View Home Values, Going Fast Listings (high page views) and more and explore their Real Estate Markets section for timely news and insights. 
     
  • Do Some Simple Math: There’s no shortage of doom and gloom in the daily news about the real estate markets and which have been hardest hit. Florida, Nevada, Arizona, Colorado, California – they’re in the blogs, online and traditional news reports and on the tips of every professional in the industry. Here’s a tip: start with THOSE cities for finding great investment properties. Foreclosure rates are high, inventory is plentiful, and with a little elbow grease and math, you just might find your next cash flowing gem!
Share this post with your network:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • LinkedIn
  • MySpace
  • StumbleUpon
  • Technorati
  • Yahoo! Buzz
  • Live
  • Reddit
  • TwitThis
  • Twitter

Entries (RSS) and Comments (RSS).

Welcome

Welcome

My Listings

Quick Search

Enter City, State:
    Select Price Range:
    Select Type:
    Select Category:

    Save search and email me new listings for this criteria