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Real Estate Investing
February 15th, 2008 11:37 PM

As active real estate investors and agents, the market could not be better.  Something to keep in mind though while you invest...., be very conservative.  Be carefull how you buy properties if you are thinking of rehabbing it and selling it for a profit.  Keep in mind that prices might still drop in the near future so leave enough profit for you so you don't loose your shirt.  We are very conservative in this market as we buy properties because we understand that you make your money when you buy.  On the other hand, if you are buying your first home to live in, the opportunities are endless to find a great deal. Just make sure you are working with someone that understands the market and could tell you if you are getting a great deal or not.  There is no reason for anyone to pay full retail value right now especially if you are handy and could do some cosmetic work yourself.  You can be easily in a property with $30K to $40 in equity at day of the closing.  The time could not be better for qualified buyers, inventory is endless and the rates are low.  So go ahead......go on now.....don't delay.....get moving......and find that perfect house. 

 


Posted by Radoslaw Zimnoch on February 15th, 2008 11:37 PMPost a Comment (0)

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