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Investors are making their move!

By Sandra Mallas

Real Estate Agent with Town&Lake realty

July 31, 2007 04:51 PM

Just like a game of Chess the savy investors are making thier move and buying up everything thats near assessed value here in Wisconsin and renting them out.

They plan on holding them and selling when there are few homes on the market.

I find between 1st time buyers and the investors that the realestate market is better than it has ever been.With a tad slower sales more fsbos are listing,they NOW realize they need our services.

Real estate will alwyas be a good investment as we all need a place to live and with modern technolgy we all live longer.actually the rental market here is great for investors as the homeowners that lost there homes due to foreclosure still need a place to live so now they are renting.

Investors are smiling!

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Charles Blumenkehl

Blue Asset Management - Wayne, NJ

thats a good scenario...what is the average price range in your market , and how much are the typical rents?

Jul 31, 2007 05:01 PM

Donna Oehler

Realty Executives Platinum - Palmdale, CA

A.V. Foreclosure Specialist

I agree that this is a wonderful time to get into real estate investing. Investing is always a good idea as long as they are getting sound advice and you do your own diligence . First time investors need to work with an experienced real estate agent to help guide them along.

Many new investors can spend hundred even thousands of dollars going to "How to get Rich" classes but that can not compare to the sound advice from an experienced agent. A good book for new investors is: The Millionaire Real Estate Investor By Gary Keller. Purchase Here

Jul 31, 2007 05:07 PM

Keith Stonehouse

Franklin Title Agency, LLC - Rochester, MI

Franklin Title Agency

Wisconsin sounds a lot like michigan in that aspect

Jul 31, 2007 05:13 PM

Todd Murphy

Fitts Agency - Tuscaloosa, AL

Sandra, it certainly is a good time for investors. I wish I had a pot full of money right now because I would be buying up real estate.

Jul 31, 2007 11:49 PM

Lorinda Ward

Keffer Realty - Norfolk, VA

Serving, Hampton Roads Virginia. Norfolk, Chesapeake, Va Beach

They are doing the same thing here in GA investors are buying up everything!

Jul 31, 2007 11:56 PM

Obeoman Glade Jones

www.obeo.com - Salt Lake City, UT

WELL SAID THROUGHOUT YOUR BLOG, SANDRA!:

-Real estate is still No. 1 for long-term investing and growing wealth;

-Lake/Waterfront Properties always have been-and always will be-a great way to get into a second home

that will also provide equity growth;

-Realtors are what you need to make this kind of market work for you!

Obeoman

http://obeoman.blogspot.com

Jan 14, 2008 04:30 AM

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Sandra Mallas

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