All Topics / Overseas Deals / 10 Best Places To Own Real Estate

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  • Profile photo of csimonscsimons
    Participant
    @csimons
    Join Date: 2004
    Post Count: 70

    Hi All,

    I thought I would attatch the link to this article I found on http://www.cnnmoney.com . Its Titteld “10 best places to own real estate” and refers to U.S property.

    Check out the South East. I was thrilled to see McAllen Texas to be rated number 1 considering I purchased 2 properties in this area in July last year. Its part of the Rio Grande Valley region in South Texas.

    http://money.cnn.com/2006/12/20/magazines/fortune/bestmarkets.fortune/index.htm?postversion=2006122106

    I hope you find it worth while.

    Regards

    Chad

    Providing Turnkey Real Estate Investments In The USA.
    We also provide Owner Finance in a new emerging market.

    E-mail:[email protected]
    web: http://www.gr8realestateinvestments.com

    ON SKYPE AT: chaddylansimons

    Profile photo of Luke TaylorLuke Taylor
    Participant
    @world-changer
    Join Date: 2005
    Post Count: 415

    Great work Chad!
    thanks for putting it out there.
    Texas is pumpin hey!!

    “I have a theory that if one person can go out of their way to show compassion, then it will start a chain reaction of the same.”
    – Rachel Scott(17 yr old killed in columbine shooting 1999)http://rachelschallenge.com/

    Luke Taylor | Hope Property Investing
    http://hopepropertyinvesting.com
    Email Me

    Property Support,Strategist and Buyers Agent

    Profile photo of L.A AussieL.A Aussie
    Member
    @l.a-aussie
    Join Date: 2006
    Post Count: 1,488

    Can you tell us why your 2 properties are/will be doing well in McAllen? Is it because of growth, or cashflow, or both?

    I noticed tha median house price is very low. Is it a small town?

    The only problem I have with hearing about a great place to live via the Media, is it has either already boomed and we have missed the boat, or it is about to be flooded with investors who just heard about it and will buy up everything, inflate the price artificially and stuff up the rent returns.

    I don’t mind hearing about these places via the forums (not the media) as there is only about .001 of the poulation reading this and we as a group can cash in.

    Thanks for the heads up Chad, but how about telling us about a secret area that is good that no-one else knows about.

    Cheers,
    Marc.
    [email protected]

    “we get sent lemons; it’s up to us to make lemonade”

    Profile photo of Luke TaylorLuke Taylor
    Participant
    @world-changer
    Join Date: 2005
    Post Count: 415

    Hey Marc!
    Just for yr information Chad has been telling people openly about these areas for about 9 odd months from memory.
    He even posted it up on this forum.
    Also have a look on his website.
    You are also right about investor driven booms but over time it evens out again anyway (afterwards when there is a boom then a lull.)

    “I have a theory that if one person can go out of their way to show compassion, then it will start a chain reaction of the same.”
    – Rachel Scott(17 yr old killed in columbine shooting 1999)http://rachelschallenge.com/

    Luke Taylor | Hope Property Investing
    http://hopepropertyinvesting.com
    Email Me

    Property Support,Strategist and Buyers Agent

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