Any good investment towns out there? (6%, prices, properties, renters)

[Rick Hazeltine]

Can anyone recommend any good investment towns where you can put 10-20% down on a house and get a small positive cash flow from renting?

Thanks.

[joeymarine]

That's a rather vague question...what state/county/price range are you talking about here? Give us some details and I'm sure we can all throw a bunch of ideas at you.

~joey

[sugarmaple]

Vermont has opportunities and I am sure there are other areas as well...

[jeff_g]

You might want to have a look at http://www.bestlandforless.com they have great land investment opportunities at really low prices.

[joeymarine]

Originally Posted by jeff_g

You might want to have a look at North America Land Development Group - Home they have great land investment opportunities at really low prices.

I was just on their website and they only have 3 properties for sale...is this the correct link?

[MotleyCrew]

I am surprise that the responses were not "mine" "mine" "mine" etc. Actually, quite a bit of N.W Phoenix and the Surprise area of Arizona would be of interest if you are a long term investor. The days of flipping are over (good).

[Roma]

Originally Posted by Rick Hazeltine

Can anyone recommend any good investment towns where you can put 10-20% down on a house and get a small positive cash flow from renting?

Thanks.

I would imagine most college towns. That's where I would look first. Break it down from there.

[Michelle DeRepentigny]

I agree with Roma! College towns are usually very stable and don't fluctuate with the market as much. There is a very steady supply of renters, as long as you stay within student areas. Of course if you are not located near a college town you need to take management expenses into accounty also and they typically run about 6% on average annually.