REI Wealth Monthly Issue 04 | Page 60

AFFORDABLE AND LUXURY AMERICAN CITIES TO INVEST IN FOR 2013 MARTIN OREFICE up over 32% from last year, with the median right around USD $152,000. Boise is an investment hotspot that is going up rapidly enough to act somewhat quickly if considering a purchase, but don’t panic. With the prices generally low, any increase in housing cost over the next year will most likely still be in your budget if it is now. The investment potential in Boise, somewhat similar to Cedar Rapids, is safe with money making potential. It isn’t the most glamorous of choices, but provides the opportunity for steady financial gains. Boise is growing and would be an ideal place to settle down for a period of time if your career allowed. Forbes lists Boise has the 40th best place to live for business and career opportunities. This city is another affordable destination with luxury-type activities and lifestyle just outside the door. These four cities are prime real estate options that often go unnoticed. Miami is a well-known place, but people don’t usually look there for an affordable investment. The other three cities are places of great appeal that bring moderate money making potential with them. Investing is something to be careful with, and these are all safe bets for you heading into 2013. Martin Orefice Martin is a husband, father, and entrepreneur with an interest in personal finance and real estate. He established USLeaseOption.com, the premier site for finding Florida rent-to-own homes. http://www.usleaseoption.com/rent-to-own/florida