4.3 • 602 Ratings
🗓️ 9 August 2021
⏱️ 42 minutes
🧾️ Download transcript
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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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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