Lear R asked:
It’s now considered a sellers market in real estate, does the same hold true for investment properties
Correction, its considered a buyers market
Marie
It’s now considered a sellers market in real estate, does the same hold true for investment properties
Correction, its considered a buyers market
Marie
{ 5 comments }
Louis
It’s a Buyer’s market, not a Seller’s market. It’s best to buy when you can afford to take either a short or long term loss. For example: if you buy property and plan to rent it out, but can’t find a renter, you still have to make the payments.
Todd
In Real Estate this time next year you can have one million dollars, all you need now is two million dollars and do not spend more than one million.
Thomas
Depends on where you want to invest. Some places will always be better choices than others. Here in Las vegas, because of its constant and future appeal, owning property of some sort will always be a good call. Check out Rio Rancho, NM, too.
Gabriel
Save all your money for the 1st quarter of 2009 if you want to buy residential real estate. Then buy everything you can. Commercial properties are still good investments though.
Vicki
It’s hard to generalize, some markets are still appreciating. In seems to me to be a good time to buy for long term holds rather than quick flips. The problem is it’s hard in many markets to receive positive cash flow in residential. If you have the ability, the commercial market is quite strong now.
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