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I occupy Nashville, Tennessee and not in La. Housing is a little cheaper from the South. I bought $1 million in “cheap houses” during each of my first couple of years as i started my Real Estate investing career. Got acquired $10 million ones “cheap houses” within 4 years. I’ll bet the ranch that We could duplicate exact same success in L.A. or any the main country. Real estate investing is industry investing, wherever you live, and relatively speaking, “cheap houses” abound everywhere.

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For instance, luxury property has a been any one of the smartest segments of real estate, but you may not wish to buy luxury property for investment option just about anywhere – maybe anyone chose pay for property in Beverly Hills, then luxury real estate would be considered an great opportunity.

They approach Realtors in whose opinion have got some faith, and ask the age-old question; will prices improve or right down? In the near future, they won’t go up much, or down often. What can be said is that prices of luxury waterfront property on Miami Beach, have sits firmly.