Comments on: Where in the U.S. would I get the most rental income if I invest $100,000 in rental property? http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property Just another WordPress weblog Tue, 07 Sep 2010 01:01:10 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Doctor ~W. http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property/comment-page-1#comment-5841 Doctor ~W. Thu, 11 Mar 2010 23:42:46 +0000 http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property#comment-5841 Hey Walt, I live in one of the most economically depressed areas of the country, in Appalachia, in Southeast Ohio. The real benefit to this is the real estate market. In Perry County, Ohio is is quite possible to outright buy 4 houses for that $100,000, have zero debt and rent each house out for about $600 each, giving you a monthly income of $2400. You would recover your investment in 3.5 years and after that it would be pure profit. Before the foreclosure epidemic you could buy many houses for 30-50K. I'm not talking about buying garbage either, I'm talking about decent property in very rural communities such as New Straitsville or outside of New Lexington. Southeast Ohio is absolutely gorgeous, as beautiful as anywhere in the U.S., including Colorado or Oregon. Perry, Hocking and Athens Counties are in the Wayne National Forest and all offer cheap housing and a good rental market. Sure, if you look up our housing market you'll find houses ranging from $75K up to several hundred thousand dollars but there are many many diamonds in the rough available for 35-40% of their original value which was around $50K before the housing crash. Hey Walt, I live in one of the most economically depressed areas of the country, in Appalachia, in Southeast Ohio. The real benefit to this is the real estate market. In Perry County, Ohio is is quite possible to outright buy 4 houses for that $100,000, have zero debt and rent each house out for about $600 each, giving you a monthly income of $2400. You would recover your investment in 3.5 years and after that it would be pure profit. Before the foreclosure epidemic you could buy many houses for 30-50K. I’m not talking about buying garbage either, I’m talking about decent property in very rural communities such as New Straitsville or outside of New Lexington.

Southeast Ohio is absolutely gorgeous, as beautiful as anywhere in the U.S., including Colorado or Oregon. Perry, Hocking and Athens Counties are in the Wayne National Forest and all offer cheap housing and a good rental market. Sure, if you look up our housing market you’ll find houses ranging from $75K up to several hundred thousand dollars but there are many many diamonds in the rough available for 35-40% of their original value which was around $50K before the housing crash.

]]> By: jake http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property/comment-page-1#comment-5842 jake Thu, 11 Mar 2010 23:42:46 +0000 http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property#comment-5842 Seattle. They are usually in the 120% range above national average and are only growing. For $100,000 you could find a good deal on a condo. Look to coastal cities, there are millions to be made there. Seattle. They are usually in the 120% range above national average and are only growing. For $100,000 you could find a good deal on a condo. Look to coastal cities, there are millions to be made there.

]]> By: Calindra http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property/comment-page-1#comment-5843 Calindra Thu, 11 Mar 2010 23:42:46 +0000 http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property#comment-5843 You could invest in multi-family, or multi-unit apartment homes. However, you might be better off investing in single family homes. Reason being is that a lot of people are forced out of mortgaged homes, and need family homes to rent. Research areas before you commit. Find an area you like, research the crime, schools etc in the area. Then determine if the price is worth it, or if you can negotiate a price for updates needed. Research rental prices for similar units. Then determine whether or not your long term investment will be worth it. Keep in mind Investment properties are very risky business. After all if you are mortgaging it out, you might be stuck with a non paying tenant, and usually its 90 days before a sheriff is able to evict a tenant. It's all in how you roll the dice. You could invest in multi-family, or multi-unit apartment homes. However, you might be better off investing in single family homes. Reason being is that a lot of people are forced out of mortgaged homes, and need family homes to rent. Research areas before you commit. Find an area you like, research the crime, schools etc in the area. Then determine if the price is worth it, or if you can negotiate a price for updates needed. Research rental prices for similar units. Then determine whether or not your long term investment will be worth it. Keep in mind Investment properties are very risky business. After all if you are mortgaging it out, you might be stuck with a non paying tenant, and usually its 90 days before a sheriff is able to evict a tenant. It’s all in how you roll the dice.

]]> By: Doctor Deth http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property/comment-page-1#comment-5844 Doctor Deth Thu, 11 Mar 2010 23:42:46 +0000 http://www.vegasbubble.net/where-in-the-u-s-would-i-get-the-most-rental-income-if-i-invest-100000-in-rental-property#comment-5844 the rental market is bad right now, especially in Vegas - that's in the bottom 5 of worst real estate markets in the US - there a tons of vacancies and not enough renters. you might get stuck and have no enter for 6 months why would you invest 100,000 cash when you could get the property of only 25% down payment ( that's the minimum down for rental properties)? you get a lot higher return for your money when you leverage the rental market is bad right now, especially in Vegas – that’s in the bottom 5 of worst real estate markets in the US – there a tons of vacancies and not enough renters. you might get stuck and have no enter for 6 months

why would you invest 100,000 cash when you could get the property of only 25% down payment ( that’s the minimum down for rental properties)? you get a lot higher return for your money when you leverage

]]>