Where Is The Best Market To Invest? - Real Estate Investing

http://www.JoeCrump.com/youtube Here is the secret to deciding what area to invest in -- it might surprise you. Real estate investment expert Joe Crump teaches zero down investing techniques. Learn foreclosures, short sales, "Subject To", land contracts, "Multi-mortgage" and other creative real estate financing structures. Six Month Mentor Program http://www.ZeroDownInvesting.com Read Joe Crump's Blog: http://JoeCrumpBlog.com/ "Push Button Automarketer": http://PushButtonAutomarketer.com Read the Transcript: Using the methods I teach, you can invest in almost any market, but let me tell you where the best places to start are and how to expand into other markets. "Thanks for helping us out. I'm in New Jersey and it's a crazy, expensive market. Where should I invest?" -- Ida Jack Joe: That's a great question. I would invest locally first. Always start locally if you haven't done this before. It's easier to do this locally. If you can go out and meet a seller and they can see you face to face, they're much more likely to trust you and you're much more likely to have credibility. Joe: Even if you're brand new at this, and they know that you are, just seeing your face, they'll tend to say, 'This seems like an honest forthright person.' It's going to be more likely that they're going to trust you and work with you. You have to have credibility. You have to have trust before they'll work with you, so if you don't know how to put that together on the phone, it makes it more difficult. Joe: At the beginning, work locally. Even if you're in a very small town, you can expand a little bit until you get a little bit larger area. If you're in the middle of farm country or you're in the middle of the woods or the desert or whatever, just get to the nearest town which hopefully isn't any further than an hour or two away, and you can still do this there. Joe: Now, once you learn how to do it locally, then it makes it a lot easier to expand it outward. Let's say you live in Hawaii or live on the moon for that matter -- as long as you have a phone connection or an internet connection, you can put deals together anywhere. I have a student in Kuwait who works in Minnesota. I have people in the U.K. that are working down in Florida. I have a guy in Australia who's also working in the states here. Joe: So, it's very possible to work wherever you're at and put lots of deals together without ever meeting sellers, buyers, doing it all remotely, sometimes talking on the phone and sometimes doing it with the automation like some of the techniques I've shown you with the automation that I've set up. Joe: But your question is, "What is the best market to work in?" Joe: They're all good markets to work in. Some markets are easier to work in because of the rent to price ratio involved. You want to be able to get as much rent possible for as low a price as possible if you're going to keep long term properties, and that's why those types of deals make sense -- because it makes more sense to buy based on income rather than on future appreciation which you don't have any control of and you don't know where it's going. Joe: You know that the low priced properties in good, solid blue collar neighborhoods are going to appreciate eventually, but it doesn't matter if they do because the income that you start with is only going to go up most of the time. That's what you need to be looking at. Joe: Based on that, look in an area that has a decent population. It's a little easier if they have Craigslist, or if they have a large newspaper; any town with 50000 people is going to be able to do this. Small towns that are around larger towns will enable this to work as well. Those are the places that I'd stay focused on. Good luck with it. To read this transcript and more of Joe Crump's articles, click here: http://joecrumpblog.com/where-is-the-best-market-to-invest/?utm_source=Youtube&utm_medium=EndLink&utm_campaign=Youtube130823

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