My New Blog

October 10th, 2011 2:32 PM
For those who have a little money or credit now is the time to take advantage of low cost homes in starter neighborhoods.  A person can purchase a home for less than 50k, make minor repairs, and rent it for 700/mos or more.  That is a 16% rate of return!  No one I know can get that in a bank or the stock market. There are also flip opportunities.  Many homes are in rough shape and as a result not financable.  This drives the price down because most buyers have to borrow to buy.  Pick up a fixer upper, do some clean up (or use a contractor) and when its move in ready it will sell quick as a bargain in like new condition.  The opportunities are out there.  Call me when your ready to take advantage of the market.
Posted by Jeremy Lasseigne on October 10th, 2011 2:32 PM
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Coldwell Banker Investors Realty 314 West Main Street Inverness, FL 34450
Phone: Cell: Fax:

Contact Us | My Blog

Copyright © 2012 Coldwell Banker Investors Realty
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.