It depends on many factors. But generally there is no magic formula and I will be very careful with promises of over the top returns. More desirable areas will command higher prices, and less popular areas will have the lowest prices. It all depends on what kind of investor are you, your price range and many other factors.
It is actually illegal to steer clients towards one area or the other, and I will again be careful about people who will try to steer you, even before getting more information from you. Get a good buyers agent who will listen to your needs and will advice you based on your needs, not theirs. A good agent will provide you with places where to get the information you need, so you can make an informed decision.
Carlos J. RamÃrez, PC, ABR, CNE
Associate Broker/Realtor, HomeSmart â€“
Certified Negotiation Expert (CNE)