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Thursday, February 20, 2014

Real Estate Investing: What Makes Now a Great Time to Invest?



There are many great Cedar City area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (435) 572-4243 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Is Now a Good Time to Invest in Real Estate

Right now is an awesome time to invest in rental properties! I am personally buying rental properties and the reason why it is such a great time is due to the low prices. After six years of the worst real estate market we’ve ever seen, prices are low and so are interest rates. When you combine those two factors, it creates the perfect storm for buying rental properties because you’re buying on the low end and the money is cheap to lend.

My advice to first time investors is to make sure the numbers work. You don’t want to buy a rental property that will cause cash-flowing, needs excessive repairs or that is in a bad area. This is something my dad taught me and it hasn’t failed me yet!

If you have any questions about investing in real estate or real estate in general, give me a call or send me an email. Thanks and have a great day!