Your cash collecting more dust than interest??

By
Commercial Real Estate Agent with Keller Williams Realty 01836334

Ask yourself if your cash is collecting more than 5% interest per year??? Does it have any chance of growing in value besides the 5%????

Check out what Inman has to say http://www.inman.com/opinion/guest-perspective/2012/02/24/vetting-your-real-estate-investment

Stories of people being burned on Real Estate investments are all over the place right now. The reason is that it just happen to a lot of people in the last few years. As true as they are don't let these recent events scare you from making one of the best investments of your life!!

In todays market we are experiencing record low interest rates. Stop for a moment and think about what that means. Or read about interest rates of the last 30 years http://www.mortgagenewsdaily.com/mortgage_rates/charts.asp

With Interest rates this low and house prices respectively low, you need to make your cash work for you. You don't have to buy all cash. The ROI (return on investment) is likely going to be higher if you take out a loan and put a minimum down payment.

Not only can you get your cahs to earn you cash, but the market can only go so much lower if it drops at all, but in return has a possibility of going much higher. Seriously... how much lower can it really go?? then ask yourself, how much higher can it really go?

You wont be a burned buyer because you're not buying at the height of a market, and you're not buying with a stupid loan program that will adjust in a few years. Your payment will be fixed for 30 years!

Search for investment properties in an area you want to manage by visiting www.TeamZorik.com or www.HarmasListings.com

Email me with any questions or for formulas on how to analyze a property for optimum return on your investment amount.

 

REPOST this thread! The people need to make money on their money!!!!

 

Happy earning,

Zorik  :)

Comments (2)

Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Zorik

Warren Buffet was on CNBC on Squawk Box this morning preaching the same message. He really liked buying investment SFR with 30 year mortgage given the so low rates and prices. His only caveat was how do you manage the properties? cheers cvc

 

Feb 27, 2012 02:40 AM
Erv Fleishman
Realty Associates - Boca Raton, FL
Luxury Prop Specialist Realty Associates

There may be a lot of dust, but I suspect not much money under it. Warren Buffett is cagey. He says he still lives in the same humble home. Ask him how many homes he owns and how humble they are. The Sage of Omaha is brilliant and wants you to pay taxes after he avoided them. 

Feb 27, 2012 02:49 AM