Coulda Woulda Shoulda or Location Location Location

Had a sales meeting last week.  Our Market Advisor for the Raleigh, NC & Atlanta GA markets, Louise Williamson,  put it out that in the real estate investor world "Coulda Woulda Shoulda" is or should be the motto versus the timeless & iconic "Location Location Location". 

Her reasoning is that while there are many markets that you can find (if you know how and where to look) that are right for real estate investing making location always important, the other is more relative to the investor.  As in, "I shoulda bought my neighbors house in California ten years ago" or "I coulda bought that rental in Phoenix ten years ago" or the combo "I woulda made a fortune on the property I shoulda bought eight years ago". 

The point being you have to get into the game.  The world is full of the Woulda's Coulda's Shoulda's, the successful real estate investor DOES.

Now just to make sure I have something new, here is a headline and link to an article on Albuquerque being the least expensive destination places to visit (or most affordable :) ).  Thought it was interesting and another "intangible" that makes Albuquerque attractive:

By Erik Siemers, Thursday, May 31, 2007

The Duke City's tourism promoters might need to add an extra word to their catchy slogan.

"Albuquerque isn't just a trip.  It's a cheap trip."

AAA on Wednesday released its first-ever vacation-cost survey for U.S. cities, placing Albuquerque atop the rankings of least-expensive places to visit.  Or maybe there's a better way of saying it.

"I would say `best value' maybe," said Tania Armenta, vice president of tourism and communications at the Albuquerque Convention & Visitors Bureau.