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Old 09-03-2013, 10:29 AM
 
39 posts, read 42,857 times
Reputation: 33

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I have the flexibility to move anywhere in the U.S. right now and i'm looking to invest in a couple SFR homes around the 200,000-300,000 range and also to live in the area myself. Ideally, i'd like for this to be in a city with diverse job growth, low crime, and decent scene for young adults in their 20's-30's. I really like Austin so far and aside from the high property tax it fits all my other criteria. I'm wondering if there are more cities out there that fit this profile.
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Old 09-03-2013, 10:34 AM
Status: "October is the eighth month" (set 27 days ago)
 
Location: Just south of Denver since 1989
10,685 posts, read 28,521,259 times
Reputation: 6850
Denver
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Old 09-03-2013, 10:46 AM
 
39 posts, read 42,857 times
Reputation: 33
Quote:
Originally Posted by 2bindenver View Post
Denver
Interesting suggestion but what area of Denver has newer homes in my mentioned price range? I'm not seeing very much..
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Old 09-03-2013, 11:04 AM
 
1,915 posts, read 3,214,026 times
Reputation: 2996
Virginia Beach, VA might be a good option.
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Old 09-03-2013, 11:12 AM
 
Location: Ocala, FL
3,122 posts, read 5,759,339 times
Reputation: 2643
I suggest the Orlando, FL area.
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Old 09-03-2013, 11:40 AM
 
Location: Scottsdale, AZ
1,987 posts, read 3,793,667 times
Reputation: 2892
Phoenix is a great place for investment. It has a very strong rental market and values are skyrocketing. You will experience both good cash flow and appreciation. Taxes are low compared to other areas of the country. In the 200-250K price range you can get a very nice newer home in a good area.

Here are some examples of what you can get in Phoenix:

Phoenix Homes
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Old 09-03-2013, 12:53 PM
Status: "October is the eighth month" (set 27 days ago)
 
Location: Just south of Denver since 1989
10,685 posts, read 28,521,259 times
Reputation: 6850
Average sold price in the metro area is $317,000. You said nothing of "new" in your OP.
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Old 09-03-2013, 01:01 PM
 
Location: The Berk in Denver, CO USA
13,142 posts, read 18,764,721 times
Reputation: 20485
Salt Lake City
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Old 09-03-2013, 01:49 PM
 
4,483 posts, read 7,953,787 times
Reputation: 6415
Let me ask my magic8 ball.



Magic8 ball knows all. Listen carefully.
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Old 09-03-2013, 04:21 PM
 
Location: In a little house on the prairie - literally
10,202 posts, read 5,742,037 times
Reputation: 4508
Try the Tampa Bay Area. I've done really well on three condos I've bought in the last year. That being said, I think the window good buys are probably not going to last beyond this year
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