To Invest or not to Invest – that is indeed the question that is on a lot of people’s minds. They are thinking they don’t want to be landlords. They shutter at the risk involved when a tenant quits paying rent.
We learned a long time ago that in order to grow, you have to move outside of your comfort zone. If you have been considering whether to invest in Real Estate – you will want to sit down with an Real Estate Expert and develop a Game Plan.
When it comes to real estate these days has the time come to listen to the headlines that are blaring “Time to Buy!” and “Great Time to Invest!”? Let’s face it, if you have the money to do so investing in real estate should be tempting.
Mortgage rates have dropped, again, having gone from 30 year lows to 60 year lows. What does this mean? Money is cheap to borrow, which means financing costs for real estate are lower than they have been in years.
Another great reason to invest in real estate? Rents around the country are increasing along with demand. All of the home owners who got in over their heads have been forced to rent and the increase in renters has placed landlords directly in the driver’s seat. It’s a great time to be a landlord!
Every investor’s goal is to buy low and sell high. If you are a real estate investor in today’s market you certainly are buying low, hold on to your property and eventually you will be able to sell high. Rent it and your property can help pay for itself in the meantime. Now could be the ideal time to listen to what the market is telling you.