Whether it’s a condo or a 25 unit building; Real Estate is always an Investment for Your Future
by charlotterose on August 19, 2009
With all the news media reports on real estate and economy going up, down, sideways, who can really tell what’s going on? One thing for sure is that hear in Los Angeles the buyers are out in force, all hunting for that one amazing deal. The economy can’t be all that bad because in my experience there really are not many great deals out there. The prices are down from 2 years ago and set accordingly, though you will never see prices jump back to 12 years ago. It’s just not reality. Once in a rare while a “deal” will come up, though it’s usually too good to be true and the real issue is that everyone finds out about it and then it goes into multiple offers, thus becoming possible over priced in the end.
The point is that just about everything right now is priced well and if you can, buy something NOW! Even if it’s a small condo. Of course multi-unit buildings are where you can start bringing in passive income and much more upside potential, though buy what you can afford and manage. Loan rates are still extremely low. Plus tax credits help out first timers as well. Take advantage of this down cycle and invest in your future, because in a few years time you will be priced right out of the market.
Tagged as:
buy apartments,
buy condo,
buy duplex,
buy house,
buy multi-unit,
invest in a home,
investment buildings,
Investment property,
muti-unit buildings,
real estate investing
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A California girl raised in Nor. Cal. Travelled South the summer of 1991 and never looked back. My background is in Architecture, Design, Branding, 3D computer graphics for gaming and movies. Evolving over time into several careers including a stint as a sushi chef. I’ve been a swimmer, bicyclist, and vaulter (yeah, really vaulting is gymnastics on a moving horse). Professionally, I’m now a Realtor and help clients create wealth via investing into commercial and multi-residential unit properties. To guide others from their first investment to complete wealth is such a high for me. Love making others dreams come true. I also work as a natural health coach, I value each opportunity to help others create their ultimate self. Life is about passion and one must act on it as it can be rare. Being a Virgo, I'm down to earth and a bit of a perfectionist. Very independent, compassionate. Must always have animals in my life. Love exploring, travelling, trying new things, ocean, the outdoors, dancing, great music, playing hard, working hard, creativity, and having fun. I always go one step above what's expected of me. Love life!!!
Charlotte has written 15 articles on this blog.
