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invest in a second nest

By
Real Estate Broker/Owner with CENTURY 21 All Star REALTORS
Phoenix AZ has got to be one of the most attractively priced destination locations to buy a home. If you didn't use your personal home as an atm machine now is the time to leverage your retirement plan with real estate priced as low as we've seen in 10-15 yearsB Think about this, prices are so low that cash flow on rentals has never been this good. Most of the best properties, bank owned and reo are newer homes built in 2004 to 2007. Granted you typically buy in as is condition but with a thorough inspection process and a careful evaluation.of rental markets and vacancy rates can put you in a position of wealth building that might never pass this way again. Its the perfect storm for expanding your investments into real estate. Remember the boom WAS not in 2005 that was buy high sell low! The boom is today. To view banked owned properties go to www.tempeallstarrealestate.com you can search the entire mls and specifically bank owned homes in the phoenix market.

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Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

In our market there are a lot of second home buyers. so i really took interest in your post. You make some good points about affordablility. Hope folks moving here read your post

Nov 07, 2010 06:35 AM