high end property: High End Properties moving........
- 09/16/09 05:29 PM
Over the last 45 days I have started to see higher end properties start to rent out quick again. Could this be a change in the market? Is this a fake rally like some people are saying about the stock market. I think we are still about 2 years from being back to good times. Having tenants feeling confident who have high incomes is always good for these properties.
I still recommend to think positive and list your home if you cant make a sale. Renting your home for 2 years will help you gain equity if possible.
Sidney … (5 comments)
high end property: Lofts seem so right, but yet so wrong
- 05/26/09 05:33 PM
Everybody wants to live in a loft downtown! We can charge high rents for a 600 sft. loft in downtown! I am going to invest in lofts downtown and cash flow will be great! All of these comments I think will get you in trouble. Lofts were the originated to have artists work and live in at the same time. How many artists can you have? I see everyday lofts sitting and people are not renting them. Investing in single family homes, even in less than desirable areas is a better investment.
Over the last 45 days I have started to see higher end properties start to rent out quick again. Could this be a change in the market? Is this a fake rally like some people are saying about the stock market. I think we are still about 2 years from being back to good times. Having tenants feeling confident who have high incomes is always good for these properties.;)
;)
