Cashing in on Rental Property September 2, 2011
Have you considered investing in rental property?
Home prices are down. Mortgage interest rates are at a 40 year low. Home foreclosures have created a strong rental market as many who previously owned are now renting. You could say it’s the ‘perfect storm’ for those who have the ability to invest in real estate NOW.
This past week I’ve been working with a young business owner in Florida – connecting him to a knowledgeable Realtor who can advise him about the market and what it will take to become a first time home buyer. He is currently a renter but wants to purchase soon as he knows the low prices and interest rates won’t last forever. His thought is to purchase a home and take in a couple renters to help him pay the mortgage. You could say there is more than one way to “skin a cat!”
Should you invest in real estate now? Click here to further consider.
Contact me: Mary Lascelles | ReloMary with your questions regarding selling / buying / moving / relocating. My networks are in place to match you within 24 hours typically with the professionals you’ll need to get the job done right. Phone: 530.515.6299 Email: firstname.lastname@example.org