where are strong rental markets? - Posted by Dale

Posted by Ronald * Starr(in No CA) on April 03, 2003 at 11:34:28:

Dale-----------

My view is that you can probably pull this off in most of the sunbelt and the midwest. I think you a wide swath of the USA in which to do what you want. You might pick out a few cities in the states which I mention and look at the realtor dot com sites for those cities. I looked a Wichita KS a couple of months ago and it looks like there are good opportunities there. I have been concentrating in the state of OK for four years now. Why? Well, same sort of thing you mention–high prices. I live in Coastal CA and even Sacramento CA–where I was last buying–is harder to invest in than OK because of a huge run up in prices. I suppose I shouldn’t complain, that means that my houses there are worth more than before.

Good InvestingRon Starr**

where are strong rental markets? - Posted by Dale

Posted by Dale on April 03, 2003 at 24:00:33:

We invest in single family residences for rentals. Home prices have skyrocketed in the areas we currently have properties and few foreclosures or fixers to be found. Can anyone suggest a market that rents can still cover mortgage payments (with no more than 10% down)? Maybe an upcoming college town or tourist draw? Thanks.