Wednesday, February 23, 2011

so what are you waiting for?

the right time? money? the perfect property? lower interest rates? If you have ever thought about investing in real estate there couldn't be a better time to buy than now. There are plenty of bargins to choose from - some need a little TLC and time - interest rates are low but won't stay this way forever, and right now you won't find a better return on your investment than real estate. In fact, just last week I had a client that I found a duplex for where his return on his investment was 45% based on holding the property a minimum of 3 years, charging the low end of the rent scale and sellling the property for only $15,000 more than he paid for it- all of these being very realistic figures.

It is baffling to me when I look back on the number of people that were jumping on the band wagon of real estate investing in 2005, 2006 and 2007 compared to the so few that are now. It makes me wonder why? In 2005 - 2007 tons of people were paying top dollar for real estate. Where are they now? Prices and interest rates are at all time lows. Rents are up and rental inventory is low.

Don't wait, don't look back and say, "I wish I had bought investment property in 2011." Just do it! The time is now! and let me know if I can help.

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