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Time to make some money

Discussion in 'General Entrepreneur Discussion' started by Sid23, Sep 19, 2007.

  1. Sid23
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    Sid23 Bronze Contributor

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  2. hakrjak
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    hakrjak Bronze Contributor Read Millionaire Fastlane

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    If you're waiting for an entry point into the market, you might be waiting for a long time. A lot of those top losers on your list are still not cities I'd invest in. Even if you lose 20% of the value on a home in California, for example -- it's still not exactly going to cashflow with a small down payment... So what's the hype about? You'd have to lose something like 50% off of home values in California to put them into a cashflowing range, and the Fed is not gonna let that happen.:cheers:

    - Hakrjak
     
  3. Sid23
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    Sid23 Bronze Contributor

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    I know, this list means very little. It was more of an FYI to people in case anyone is thinking about making any moves in any of these markets.
     
  4. nomadjanet
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    nomadjanet Contributor

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    Thanks for the link. I don't know much about the other places but Fort Worth / Arlington is still a pretty good market. I guess because it is so close to Dallas which has inflated values. Imagine a mid size city with moderate home values within 40 minutes of LA or San Francisco, thats Fort Worth. At least that's my take on the place.
     

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