No Money Down Real Estate Investing Course
Learn How To Buy Income Properties Without Risk, Good
Credit, Money Or Tenants!

Click here for more information
 
Welcome, Unregistered.
User Name
Password
Forum Links
Site Navigation
Real Estate Resources
Go Back   Real Estate Investing > Real Estate Investment > Real Estate Investing for Beginner
Reply
   
 
Thread Tools Search this Thread Display Modes
  #1  
Old 02-22-2007, 04:27 AM
Gruber
Guest
 
Posts: n/a
Default Is it Easier to Break into Big or Small Town?

I am a new agent and have been selling real estate in Philadelphia for about a year now. My girlfriend and I have decided we would like to leave Philadelphia and head out west before I become too established here. I would be greatly appreciative if anyone could provide any advice on the following.

1. Moving to a city or town? We are considering the LA area, we really like Hermosa Beach. Im not sure if it would be easier to break into the market though if I was working in a smaller town such as San Luis Obisbo or Santa Barbara. How small is too small? I don't want to make it impossible for myself.

2. If anyone has any other advise on great locations I should check out or advice on getting started in a new market please let me know. I know that Im going to be up for a challenge anywhere I go but Im in it for the long hall and willing to stick it out.

Thanks!
Reply With Quote
  #2  
Old 02-24-2007, 03:35 PM
r8rpwr
Guest
 
Posts: n/a
Default

I would think a highly competitive market like LA or the Bay Area would be very difficult to get into. At least, I would not try it myself. However, the flip side of that is that you can make a lot of money on a very few deals due to the prices of homes out there.
Reply With Quote
  #3  
Old 03-07-2007, 12:20 PM
zella
Guest
 
Posts: n/a
Default

oh I am sure that LA will be hard to break into (hermosa is a nice area but you may want SLO maybe a little easier to break into) and SLO or Santa Barbra are not small towns. Have you had a chance to talk to any one who is practicing in the Hermosa beach area. that may give you a more realistic look at the market in that area.
Reply With Quote
  #4  
Old 03-14-2007, 08:17 AM
medako
Guest
 
Posts: n/a
Default

Like the others have said, I would think it would be really difficult to start in an area like LA without much experience in the area and without first building a reputation for yourself.

I don't know much about the Cali area, as I'm not from there, but if I had to choose starting in a smaller area vs. a larger one, I would start small and work my way out and into some of the larger populated/higher price range areas.
Reply With Quote
  #5  
Old 03-15-2007, 09:59 AM
sub-zero
Guest
 
Posts: n/a
Default

Personally I would choose to get started in a smaller locality; there is not as much competition for business and not as cutthroat of a market.

Of course, you may have limited resources such as contractors or landlord associations, but I think overall it's an advantage.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -8. The time now is 10:13 PM.


Powered by: vBulletin Version 3.0.8
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 2.4.0
Copyright 2001 - 2006, Buy Income Properties, Inc. All Rights Reserved. Privacy Policy in Observance.