Think of how much you have to invest, the amount of return you are targeting, then calculate the expenses of properties in an area you like. If you can achieve your desired return then buy an investment property in that area. Look for stable areas with low unemployment and economies that are not affected very much by market fluctuations.
JAMES TRAPASSO REALTY
909 280 3899
I think Michael nailed it... IT DEPENDS.
Are you looking to flip houses for a quick profit? Or are you looking to rehab a fixer-upper? Or are you wanting to purchase and create a positive cash flow from a rental? Maybe you want to purchase an empty lot and build a custom home?
Once you figure out your investment goals, both short-term and long-term, you can then determine the best areas to carry out your plan. Feel free to contact me and we can discuss some options further!
Alan Kurpiewski, RealtorÂ®
CA BRE 01912043