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Do you think that it is the perfect time to invest...

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Do you think that it is the perfect time to invest in real estate?

asked in Home Buying by
(3 points)
1 year ago
 

13 Answers

+2
Loan Officer, The Mortgage Lender, Inc
1 year ago
Absolutely!

Every investment portfolio should be diverse and real estate is a great vehicle; especially when considering the perpetual cash flow rents will allow you to generate.   With interest rates at record lows and inventories at record highs there is a lot of value in several markets; especially North Carolina.   Add the fact that banks are dying to lend money to qualified buyers and you have a unique opportunity!

What better use of your cash?  With global and domestic uncertainty it might make sense to own more real estate--especially if it helps you generate more cash.

Furthermore, due to the increase in foreclosures, there is an increase in demand by renters for rental properties. This might create some artificial inflation and stability in pricing for rental rates in the short run allowing the investor to maximize its return.  Who knows; once price appreciation returns,  you the investor might then be able to sell the property and realize some tidy capital gains!
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How do mortgage payments compare to rental prices?
+1
Sr. Mortgage Consultant, First Priority Financial Inc
1 year ago
My opinion it's a great time to invest in real estate.  Mortgage rates are the lowest in over 50 years.  The real estate partners i work with have a huge supply of undervalued properties all throughout the Triangle NC area (Raleigh, Durham, Chapel Hill).  Low rates plus low prices equals great opportunity.  When looking for deals in this area, call me at 919-906-1373 mobile and get pre-qualified.  Plus I'll connect you with a great agent!
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How do mortgage rates for investment properties differ from rates for traditional owner-occupied homes?
+1
REALTOR, DFW Urban Realty, LLC
1 year ago

I loved reading Andy's answer and I agree!

I sell residential real estate in Urban Dallas, ie. Uptown and Downtown Dallas and surrounding areas. I stay in the loop in more ways the one! Rents have been going up in Uptown and Downtown Dallas...from $100 to $400 per month increase! People are having to move and not resign leases and others are snapping up their units left and right. I've even had many people change their minds after giving their 30 or 60 day notices because they realized that all properties are going up on thier rents only to find that the property already leased their unit and they have to move out!! With the condo market taking a beating in the last 2 years prices are at an all time low and interets rates are seriously crazy low! In my neck of the woods...or let's say concrete...now is the time to invest! People are starting to buy these condos and they are snapping them up left and right!  I was looking at the pending sales a couple of nights ago on the MLS and I saw:

Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending

over and over...Pending sales!!! 

I say BUY BUY BUY!  LOCATION LOCATION LOCATION!!  low low low....INTEREST RATES!!

Sandy Maltese - Urban Realtor - www.dallaspropertylocator.com

+1
Trustee "Certified Cash Flow Consultant", Mether-Makela Funding
1 year ago
I have been mentoring with both Investor and Real Estate Investor Millionaires since 2005.

I "Cut my Teeth" so to speak, haveing grown up in a family of Investors.  my Grandfather who began buying farmland in the late 1800's and became a Millionaire; then the "Great Depression" hit and he lost everything!  My Father who was a baby at the time, learned "From the Ground up" as his father rebuilt his business.

My Parents, who founded churches, always lived off of their Real Estate Investments, Single Family and Duplexes, which also became their Retirement Nest Egg.

When my father and husband died within 6 months of each other, who had been the movers and shakers in our Real Estate Investing; I was left with the ownership and Management and Cosmetiqueing and discovered I knew more than I thought I knew.  But I also needed to learn more.

My Mentors have frosted the Cake that my family built....and the forecast is over the next 20 years; with the influx of new citizens to this country and the population growth ancitipated by Cities and States projections.  This will create a shortage of Houseing Units.

If you have ever considered Real Estate, NOW is the time to buy, the best this country or the world has ever seen!  It will be years if ever before this type of market for buyers is experienced.  Europeans are buying here rather than in Europe, and nothing gives back as much return for Investment as Real Estate does!  Every Millonaire I have studied or know of has a Real Estate Portfolio as the foundation of their wealth.  As one of my Mentor's Bill Barnett says, "You always have Intrinsic Value in Real Estate, the Land to liquidate and or the Buildings.  You never have $00.00 as with Stocks or Fiat Currency which can devalue to $00.00."
0
Investor, self employed
1 year ago
YESS I DO THINK IT,S A GOOD TIME TO INVEST IN REAL ESTATE ESPECIALLY WITH OTHER PEOPLE MONEY & THATS CLLED BIRD DOGGING.
0
Investor, self employed
1 year ago
SORRY I MEANT CALLED LOL
0
REALTOR, OHSHON GLOBAL ENTERPRISES INC. @ ATLANTIC & PACIFIC R/E US LLC.
1 year ago

I am in Atl. GA, and I don't think, but know this is the best time to invest in real estate.  I am a distressed property specialist, and have also noticed price points are actually rising.  Anyone that does not own investment propety, and can afford to do so now is the time.  I work with investors as well as owner occupants.  Did you know that you can purchase a foreclosure as an owner occupant, and use a 203K rehab loan to go along with your FHA financing to make repairs to the purchase as well as add some of your wishes like, granite counter tops, new appliances to your new home.  You just need to have a vision when viewing some of the foreclosures.  I also have a lender that loans hard money using a variety of different programs. 

0
Mediator/Attorney, Wisner Dispute Resolution Services
1 year ago
It's a great time to invest if: (1) you can come in with at least 50% equity; and (2) are able to withstand the need to sell for at least 10 years. Otherwise, the market is too volatile and, personally, I don't think the housing crash is NEARLY over.
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1 year ago
Right time take the loans.
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Sales Associate, Keller Williams Lanier Partners Barrow Jackson
1 year ago

NOW  is the time to buy! Low interest rates plus low pricing equal great opportunity! Banks are dying to loan money to qualified buyers! The ATL is still a wonderful place to raise a family, great climate, and land of opportunity! Smart investors know the facts! You should too! Contact me for more information @ ccgleaton@bellsouth.net.

 

0
Certified Residential Specialist, Realtor, Exit Realty Your Home Connection
1 year ago
To best answer your questions and this is what every investor should have stamped in their heads is the famous quote from Warren Buffett, the richest man in the world.  Someone asked him in an interview back in the '90's, When's the best time to invest?  His answer was;

"The Best Time to Invest is When There's Blood On the Streets."  Warren Buffett

If you are investing in either the stock market or real estate, this question should also hold true in your investing style.  When it comes to real estate, to simply answer this question, my question to you is are there a ton of foreclosure sales or regular homes sales(homes not in short sale or reo status) in your area today?  If there are a ton more of reo's on sale than regular home sales in your market, it may be time for you to invest.  

Like I mention to allof my investors after considering buying a reo;  If you can't see yourself buying this reo property and holding for a minimum of ten years, then it's not time to purchase that investment property or home.

Hope this helps.
0
Realtor, Prudential Bob Yost homesale services
1 year ago
Large inventory of homes at low prices and record low interest rates its the perfect time to buy a home.
0
Richard A Weidel
1 year ago
While I think the "perfect" time is illusive, I do think right now is ideal with combination of low,low interest rates and a great selection of all types of properties at reasonal prices.  I would suggest striking while the iron is hot! We all know that if we keep waiting for the "perfect" time it'll will have passed us by (and, of course, we missed it).

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