Special offer

Should I invest in Real Estate Now?

By
Real Estate Agent with OC Signature Properties

 If you want to make money in these times be careful where you invest your savings.

 The Stock market has been very volatile and only the most skilled are making any money in this area. Why take the chance? There are better investments out there that are a lot safer and can make you more money than investing in the stock market.

Real Estate is where you should be investing in these times. Prices for Real Estate are down, Interest rates are down, loans are easier to come by and good properties are abundant. I have been selling real estate for 30 years and this is the third down cycle that I have been through. The last down market started in 1990 and did not start to go up until 2000. It continued to climb until 2006. It is a ten year cycle and we have already been in the "down cycle" for almost 3 years. Real Estate has leaded the Country out of a recession in all three of the last Recessions. It is a secure investment and continues to go up as the economy improves. The Government always gives first priority to putting funds into Real Estate to improve the economy.

At the present time you can buy houses in Orange, CA for $300,000 to $400,000 which can be rented for $2200 per month or better. When you include your house payment, taxes, insurance and maintenance on a $350,000 purchase with 20% down you have a monthly expense of $1822.00 which gives you a monthly profit of $178.00. In addition you will receive a tax write off on this property. The yearly income will be $2,136.00 or 3% of your investment. CD's are not paying this much money these days. If you hold this property for 5 years you will see appreciation of 50% which means you will double your investment just in appreciation. This property will be worth $700,000 in 5 years, plus the $10,680 dollars in rent income. You will make 500% on your original investment of $70,000. What happens if you do this 5 times over a 5 year period? You will make $1,750,000.00 on an investment of $350,000. What stock do you know that is paying this kind of dividend? Smart investors are buying these properties up daily and either renting them or turning them over for a quick profit.

Now is the time to react and start purchasing real estate. If you don't, in 5 years you will be saying I could have bought that house for $350,000 and you will have become one of those "could have been, would have been" persons. Thanks for reading my newsletter and I hope I will have made you a millionaire in 5 years.

 

Posted by

Ron Accornero