Amazing!  I have read recent news reports from reliable sources, in my opinion, that state it's time for investors to step up to the plate and hit a home run!  Due to poor credit, thanks to foreclosures, short sales, etc., many buyers are planning to rent because they can't buy until their credit improves.  Some buyers simply have a good case of the jitters!  For whatever reason, the experts seems to suggest that now is the time to become a landlord to provide homes for the renters!

This sounds like good advice to me while prices and interest rates are both so low that the landlord should be able to see a positive cash flow or at least a break-even.  I have investors doing just that both inside and outside of my own family!

What do you think? 

Join the fun!  Call Janet Naisbitt-Bagley's team at ERA Realty Center at 435-865-1019 and get your free list of bargain-priced homes including foreclosures, short sales and new construction!  You can also go online to see the attractive homes available at www.homesincedarcity.com.  Janet's team can help with every home!

Have a fantastic weekend and a fabulous home-shopping time!

 

 
This post has been included in Utah Real Estate News

9 Comments on Do You Agree That The Wave of The Next Decade Seems to be Rentals?

OCT
22
2011
Attended Rain Camp

I certainly think now is the time to be grabbing up as many rental properties as possible.  Prices and rates are certainly friendly and people will always need places to live.  Ensure you are placing decent size downpayments so you can afford to be flexible with rent and work with your tenants and before long they will be buyers again. 
12:33am • #1
368,014 Points 14 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Janet, now is a really good time to invest.  Many of those who invested during the big boom years of 2003 to 2007 got beat pretty bad when the changes happened in 2008 and 2009.  Those who played safe and have some cash stashed away should jump in.  Heck you can buy a house in metro Atlanta for less than $30,000 and still make a sizeable profit on rental income and flipping after a nice rehab.

Continued success to you!
12:41am • #2
532,041 Points 15 Featured Posts Localism Sponsor Outside Blog

Hi Janet,

We're seeing a lot of investors buying cash at this point. Actually 1 out of 5 of our sales are all cash and investors. They see this as a buying opportunity.

As for those who rent, for some it's necessary, yet long-term home ownership usually becomes the rock/nest egg for most Americans...at least those who look at it for long term.
12:42am • #3
478,584 Points 36 Featured Posts Called Shot Master

Now is the time to make money in real estate...it's not in buying and selling it for other people, but in buying it for yourself to rent out or whatever you decide to do. There are condos selling in some of our resort areas for 100k less than what they use to sell for. I'm seeing houses in decent condition selling in the 30k range. Those are some great numbers for Western Colorado.
12:46am • #4
657,561 Points 2 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

This is the way it was when Carter was President.  Everyone talking about how the US was finished as a top tier country.  We had builders building very few homes.  The news was the big home was behind us Condos and rentals would be our future.  I do not buy what they are selling.  I have seen this movie before.
1:42am • #5
587,896 Points

Hi Janet, certainly appears that way with all the foreclosures and more to come...
2:05am • #6
1,024,101 Points 66 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Yes * real estate agents need to be having discussions with PROFESSIONAL property managers about WHERE rental prospects want to LIVE and WORK and what type of rental properties are RENTING~!
7:51am • #7
632,988 Points 3 Featured Posts Outside Blog Attended Rain Camp

Good morning Janet,

It is a great time to invest, as the rental market is hot!
9:55am • #8
OCT
24
2011
379,375 Points 5 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Janet, 

Interestingly, we are seeing folks who have an average of 785 credit scores and money in the bank CHOOSE to rent instead of buy today.  I agree completely that this will be a trend for the next decade!

All the best, Michelle
9:00am • #9


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Janet Naisbitt-Bagley

Cedar City, UT

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ERA Realty Center

Office Phone: (435) 865-1019

Cell Phone: (435) 559-7772

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As a top REALTOR in the ICBOR with 25 years experience, my goal is to educate the public with information and news that is both helpful, useful, and beneficial to buyers and sellers. I do hope to share my expertise in helping clients with all real estate needs.


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