Creating Wealth Real Estate Investing - Archive Episodes 201-300

Jason Hartman presents a followup to show #205 with some additional information on “The Big D” – that’s Dallas Texas, including a forecast for 2011 and a market overview. Dallas experienced a series of moderate appreciation followed by a gradual contraction that has resulted in much less price volatility than has been experienced by other market areas.  The area is expected to hit the bottom of its mild contraction in 2011 and then resume a course of modest appreciation.  Dallas has a very strong business community, and a large population of renters.  This results in a much slower rate of value appreciation, and a large supply of potential tenants. Currently, approximately 40% of listings in Dallas are from foreclosures. The primary strength of Dallas as an investment market is the strong cash flows that it generates. By building your investment on top of rents that are sufficiently large to pay for the expenses and mortgage on the investment, it will give you the power to hold strong until market conditions