Get in while you fit into Real Estate
>> Monday, September 7, 2009
Happy Labor Day!
I know the economy isn't doing as well as we all would like which is why we probably all know someone who is taking advantage of the current housing market. Notice, I did not say "bad" housing market because of the subjective nature of the word "bad".
If you are joining the millions of opportunists "good luck" If you are waiting on the market to hit rock bottom before you get started try not to wait until it's too late. By the time sources confirm the market has hit bottom, prices and interest rates are already on the upswing. Many people tend to sit back and watch before taking action, but if you watch too long, opportunities are missed.
The time to buy is now, but it should be done carefully. Investors need to purchase with the long-term returns in mind. With the right tools and/or the expert advice of an experienced property manager, it is easy to crunch the inventory of available properties down to a short list of homes that would make a truly great investment. Once you have a short list, you can shop for the best deal without compromising long-term investment ROI. This strategy will put you ahead of the masses that are getting a great "deal" on bad investments. Good Luck!
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