WHERE CAN I BUY A PROPERTY HOUSE OR VACANT LAND THAT WILL MAKE PROFIT IN ABOUT 3-5 YRS?

i would similar to to buy the skill possibly the residence or empty lot as well as , would similar to to see my investment to have distinction in about 3 to 5 years span.

{ 10 comments… read them below or add one }

mjdp July 27, 2010 at 12:49 am

You know the area you live in better than anyone here. Make local enquiries

mel July 27, 2010 at 1:44 am

any property will appreciate in value over time.

aggressive stocks may be more profitable.

p5043 July 27, 2010 at 2:35 am

LOCATION LOCATION LOCATION

Uncle Alf July 27, 2010 at 2:55 am

Buy on an island, I did, with great results! (in south Florida)

Have a nice day!

MyOtherNewName July 27, 2010 at 3:26 am

California is still a land market. Of course a large Earth Quake could take it down a notch. Have you considered business’s that are just starting up? Depends on what kind of %’s your looking for in return.

ken_rph July 27, 2010 at 3:31 am

i personally like oklahoma city, reasonable prices and high rents

raerae July 27, 2010 at 4:20 am

I was looking at ebay last night and there are lots of cheap properties that need repairs. Just make sure if you go this route that you are bidding on the property and not just the down payment. My husband and I have thought about doing this here in Ohio. We would make the min. repairs and remodels. Then rent them out as section 8.

Adnan Sallam July 27, 2010 at 4:54 am

California north.

kheserthorpe July 27, 2010 at 5:49 am

I wouldn’t buy any US property for that short a term right now.

Chance of a bursting bubble is too high.

Slim Whitman July 27, 2010 at 6:40 am

I bought 14 acres in a small town nearby on a land contract with 10% down. Made payments for 2 years, flipped it, paid off the note, and cleared $10,000.

I found the best way to do “prospecting” is by driving around and look for FSBO land. Generally, ,you can find values this way.. Look at if from a future development perspective. What will happen when the town grows.

In 30 years that same tract of land could possible have netted me substantially more money. Needed the cash.

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