Remember the basic fundamental rule that we all learned about investing? Buy low, sell high. Was the rule, "buy at the lowest point, and sell at the highest"? No. Why not, because market timing is pretty darn near impossible. The only was people time the market right is via luck, a crystal ball, or lots of praying. Anyone can time it right once in a while. (Like the saying that even a broken clock is right twice a day). If you get caught up in always trying to time things perfectly, you will never reach your potential because you will be out more often than in.

All that said, everything I am seeing these days tells me now is the time to buy real estate as an investment. I have owned investment real estate since 2001. Not since 2001 have I seen such alignment between rents and prices. with the recent drops in interest rates, all of those infomercials are starting to sound good (where did they all go, anyways?)

Evaluating real estate investments is not for everyone. Sure, you can read a book and learn the fundamentals. It takes experience and expertise to know what you are looking for. My recommendation is to use a professional. Do not try this at home, kids. Seek advice. If you do not have a rich dad to coach you, a REALTOR is a good place to start!

 

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Ok. Now it's bottom feeder time.
11/11/2008
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Over the 5 years from 2001 - 2006, did you ask yourself, "if only I bought this properties back then… they were so cheap! " I do not know if any of us has a crystal ball anymore, but I believe we are nearing a bottom. The amount of land we has is… more
Home Improvement ROI
09/01/2008
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I'm not sure who's seen it, but there is a good report out there from Remodeling Magazine which shows the 2007 average ROI on projects. I'm curious, with all of the changes in the market and home prices this year, how is anyone going to calculate… more
Thank you, RealtyTrac
06/13/2008
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The foreclosure situation continues to loom. RealtyTrac has published its latest numbers, adding to the doom and gloom which is hanging over the real estate industry. The media makes it hard to get us out of things. If we want to change things, we… more
Greater Hartford Inventory
06/11/2008
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Here are a few facts just published about housing in the greater Hartford, CT area. These facts have been published by GHAR (Greater Hartford Association of REALTORS) Year-over-year house inventory has gone up by 7%. Year-over-year housing… more
Got HUD?
05/16/2008
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In times like these, many people want to understand things like foreclosures and short sales. Here is some information to help people understand more about HUD homes What is HUD? HUD stands for Housing and Urban Development. The mission of HUD… more
Home inspection top 10 list
04/29/2008
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Here's a quick reference guide for top 10 things you want to make sure your home inspector covers for you. On/off switches for furnaces, air conditioners, etc. Pilot light on hot waer heaters, overs, furnaces, etc. Electric panel - Fuses or… more
Quick home buying tips
04/28/2008
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Here's a few quick tips when deciding on evaluation criteria for your next home… How well are other homes in the area maintained? Look around the community - are there signs of others doing things that you like to do? Look for signs of… more
How mortgage shopping affects your credit score
04/23/2008
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The short answer is that it doesn't affect it too much. When looking for a mortgage or auto loan, credit score treats all inquiries made in any 14 day period as a single query. Another point worth noting is that credit scores do not factor in… more
What a great buying opportunity!
04/23/2008
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I have been talking to eveyone I know about why now is a great time to buy real estate. It's simple… There's a ton of options out there as inventories sit and wait to be sold Sellers are more flexible Interest rates on mortgages are still… more
 
Activerain

Stacey Brown, REALTOR®

Colchester, CT

More about me…

ILM Realty

Address: PO Box 60, Colchester, CT, 06415

Office Phone: (800) 237-0917

Cell Phone: (203) 605-5290

Email Me



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