Have You Ever Thought of Becoming A Real Estate Investor?
September 4th, 2008 Posted in Real EstateIf you ever dreamed of buying real estate in Paso Robles as an investment or rental, now may be the time. Buying a house around $350,000 with today’s interest rates and rental rates increasing over the years would put you in a position of positive cash flow sooner than in the past. Also, when the real estate market improves, the escalation of values of lower-end homes are going to be the ones that appreciate the fastest.
Just like the stock market, you can never time the absolute bottom of the real estate market. You are never going to find it more affordable than today. Values may continue to go down just a tad over the next 6 months, especially over the holidays, but any small amount of loss in value will be made up by locking into the low interest rates we are currently enjoying.
There has never been more opportunity to invest in real estate than there is now. If you are a first-time home buyer, someone looking for a dream home to live in for a long time or looking for an investment property and the market goes down only 5 percent, that’s barely a real estate commission, and remember the seller pays that commission, not you. So, contact me, and we’ll go out and find your dream home or investment property while the opportunity still exists!
If you have any real estate questions or general questions about Paso Robles or San Luis Obispo North County, please contact me via email, call me at (805) 235-0234 or visit my website for more information.
Tags: invest in real estate., investment, low interest rates, paso robles, Real Estate, real estate market, rental, stock market
