Undervalued Investment Areas

Jeremy — Wed, 15 Mar 2006 14:24:30 +0000

CNN/Money ranks the most over and under valued areas for real estate in the country. 8 of the top 10 most undervalued areas are in Texas.

Killeen	TX	$98,100	-12.20%
Abilene	TX	$69,900	-12.40%
Beaumont	TX	$72,200	-12.70%
Memphis	TN-MS-AR	$105,800	-13.00%
Montgomery	AL	$103,000	-13.40%
Houston	TX	$107,900	-16.50%
Fort Worth	TX	$105,500	-17.30%
El Paso	TX	$88,900	-17.90%
Dallas	TX	$127,900	-18.50%
College Station-Bryan	TX	$94,400	-22.70%

For those of you who invest nationwide, Texas is looking very attractive!

The most OVER-valued areas in the US (again according to CNN/Money) are:

Metro	State	Median price	% over/ undervalued
Naples	FL	$367,100	96.30%
Merced	CA	$287,000	86.20%
Salinas	CA	$611,200	83.80%
Stockton	CA	$339,800	79.50%
Madera	CA	$290,100	77.00%
Santa Barbara	CA	$638,000	76.70%
Port St. Lucie-Fort Pierce	FL	$233,900	75.00%
Riverside-San Bernardino	CA	$320,600	72.90%
Modesto	CA	$317,500	72.30%
Medford	OR	$268,400	69.70%

Looks like the smart money is moving out of the coastal states of California and Florida!

Do you have a plan?

Jeremy — Tue, 12 Jul 2005 12:48:48 +0000

“Where there is no vision, the people perish” – Proverbs 29:18

Real estate investing, just like everything else in life requires a plan. You can not float through it without a set path and expect to be successful.

This is more then just “I want to make a million dollars buying houses”. This is a methodical step-by-step plan that starts with a vision (perhaps the statement above) and is boiled down to the detailed elements of your daily tasks.

Your plan should answer the WHAT, HOW, WHEN, and WHY of everything you do.

Investing is NOT complex. Most people fail because they meander along aimlessly for a period of time with short bursts of activity.

If you have a well thought out plan, with clear defined goals, and you execute that plan in a consistent manner with perseverance I guarantee that you will be successful. Use this simple formula and “all your your wildest dreams come true”. (This is worth 100 times more then any money you’ll give to a late night “guru” – and it’s free!)

Jeremy Brandt » investing

Undervalued Investment Areas

Do you have a plan?