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Old 09-03-2013, 09:29 AM
 
39 posts, read 41,874 times
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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, 09:34 AM
 
Location: Just south of Denver since 1989
10,563 posts, read 27,961,369 times
Reputation: 6692
Denver
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Old 09-03-2013, 09:46 AM
 
39 posts, read 41,874 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, 10:04 AM
 
1,915 posts, read 3,128,235 times
Reputation: 2990
Virginia Beach, VA might be a good option.
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Old 09-03-2013, 10:12 AM
 
Location: Ocala, FL
3,022 posts, read 5,519,585 times
Reputation: 2503
I suggest the Orlando, FL area.
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Old 09-03-2013, 10:40 AM
 
Location: Scottsdale, AZ
1,971 posts, read 3,664,247 times
Reputation: 2826
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, 11:53 AM
 
Location: Just south of Denver since 1989
10,563 posts, read 27,961,369 times
Reputation: 6692
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, 12:01 PM
Status: "28 restaurants within 6 blocks of my house" (set 23 days ago)
 
Location: The Berk in Denver, CO USA
12,682 posts, read 17,824,110 times
Reputation: 19069
Salt Lake City
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Old 09-03-2013, 12:49 PM
 
4,430 posts, read 7,652,338 times
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Let me ask my magic8 ball.



Magic8 ball knows all. Listen carefully.
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Old 09-03-2013, 03:21 PM
 
Location: In a little house on the prairie - literally
10,202 posts, read 5,495,742 times
Reputation: 4488
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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