Real Estate Investor Tip of the Day – 12/11/12

The other day I was meeting with a Property Manager and she told me there is a glut of rentals in this market – Slow Down and Don't Panic – this is still a great time for Investors, but there is something to consider: How to Get Your Property Rented!

Search Investment Properties Now!

First off Real Estate Investing is a long term proposition. Although great rents and High Return on Investment right off the bat are nice the most important thing is to get the long term Real Estate Investment at the best price. With prices appearing to be heading up for good and the best interest rates in most of our life times – Now is that Time!

Get the Free Real Estate Investing Book

After this shocking news I decided to ask some follow up questions:

“How is the market for Section 8?” She told me there is a big demand for Section 8, but it there are delays in getting the paper work complete.

“What about the Renter's loosing a home but still having a good income and wanting a nice home?” This seems to be the biggest share of her renters. She explained they are very demanding and the home must be very nice. But if the home is nice and looks good when showing it will rent fast.

Basically it comes down to two things I have been saying to Real Estate Investors. (1) If you are going Low End you need to consider Section 8 for a stable rent. Section 8 Renters are not as demanding. (2) There is a high end market that will pay for nice homes. They are demanding and I suspect they want to move back into there own home when they can afford it.

Look for our next Real Estate Investor Tip of the Day at ActiveRain.

Or Call Home Point Real Estate at 925-260-4321.