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Get Rich Education

357: A New Investor City Is Revealed

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3602 Ratings

🗓️ 9 August 2021

⏱️ 42 minutes

🧾️ Download transcript

Summary

Homes in car-dependent areas have appreciated at 33%; mass transit areas 16% over the last eighteen months. Suburban real estate wins.

Alabama and Tennessee have: net in-migration, low cost of living, high rents with a low purchase price, low property tax, jobs, and housing affordability.

SFRs and duplexes are offered in: Chattanooga, Birmingham, and Huntsville.

In many Alabama markets, low income areas have appreciated more than high income areas.

Chattanooga duplexes: $2,200 rent / $240,000 price. 0.9% RV ratio.

SFRs are 3 bed, 2 bath: $1,300-$1,500 / $160K-$210K price.  

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Resources mentioned:

Show Notes:

www.GetRichEducation.com/357

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Transcript

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0:00.0

Welcome to Get Rich Education. I'm your host Keith Winehold. When you think about where the people

0:05.1

are moving and what makes a good real estate investment market, Texas and Florida have long come to mind.

0:11.1

There is a place between those two areas that offers exceptional promise to investors with high

0:16.9

rents, low taxes, and a low cost of living that new residents find attractive. It's also

0:22.3

the revealing of a new GRE city today on Get Rich Education. You know, a lot of investors

0:30.3

choose either cash flow or home price appreciation, but one real estate market could provide

0:34.7

both Jacksonville, Florida. They've got 27% lower home prices

0:39.1

and higher rents than the national median. Their market is appreciated 34% more than other

0:44.4

comparable cash flow markets over the last 30 years. Get positive cash flow today and above

0:49.9

average appreciation for tomorrow. They often have available inventory in Jacksonville,

0:55.1

if you can believe that, start at cashflow and growth.com.

1:02.7

You're listening to the show that has created more financial freedom than nearly any show

1:08.2

in the world. This is Get Rich Education.

1:25.6

Welcome to GRE from Naples, Italy to Naples, Florida, and across 188 nations worldwide,

1:31.2

you're listening to one of the longest running and most listened to shows on real estate investing, economics, and wealth mindset.

1:38.5

I'm your host Keith Weinhold, with the ending of the CDC's eviction ban last month, and then it got extended again, the Wall Street

1:46.2

Journal was reporting on how tenants in the United States Midwest and South are the most vulnerable,

1:54.4

because in places like New York and California, they extend the eviction ban. That really doesn't happen so much in the Midwest and South.

2:04.6

They're landlord-friendly.

2:06.1

They're the places that we focus on.

2:08.3

And no one could have expected a pandemic.

2:10.4

But when you're strategic and you take a top-down approach to real estate investing

...

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