In my constant search for Go Zone property, I visited 8 builders Tuesday through Thursday this week. I’ve seen a large increase in the number of builders in the Go Zone areas with product at the right price for rentals. Many are moving into Gulfport due to the fact that the Go Zone is extended there until December 31, 2010.

We went to see a subdivision of houses in Gulfport north of Interstate 10. This builder was visited by the mayor recently. They said he was very pleased with the subdivision. Some of the builders are slapping together houses as quickly as possible so it’s important to find a quality builder in the area. We found some really nice houses for $169,900. The builder will pay 6 months worth of rent. I also found 42 duplexes in Gulfport north of I10. They are full brick, 3 bed, 2 bath each side. $269,900. Should rent for $1200 each side with a property manager on site.

Every time I visit I’m amazed at how much progress is made at rebuilding. The KFC restaurant just reopened. We had lunch at a new Arby’s and stopped at a brand new Starbucks.

There was a new report posted last week that ranked large and smaller cities by growth projections. 3 of my favorite markets were in the top 10. Mobile was number 1 for smaller cities. Huntsville was #4 and Gulfport was #9. A link to the report is attached.

Mobil Report

Huntsville Report

Gulfport Report

Our next tours:

Tampa, FL Bank REO’s March 1^st, March 8^th and March 9^th. (Same property each day, just pick the one that works for your schedule.) $49 per person.

Huntsville, AL Single Family Houses Tour March 15^th and March 29^th. $99 per person.

See photos next page.

Downtown Mobile Photo:

Pebble Creek Subdivision, Gulfport Rents for $1350

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