Not a day goes by without finding another article about the “real estate bubble”. Whether you are reading USA Today, the L.A. Times, San Diego Union, or Money Magazine, the “bubble” problem is always there.
But are we really going to have a serious downturn?
Probably not, unless you’re one of the speculators simply hoping to turn a quick profit. However, others who know how to invest in a boom market have less to worry about. Even Alan Greenspan has said only some markets that are being fueled by speculators hoping for a quick profit may see some price reductions.
The reason is that a good real estate investment is nothing like investing in high tech stocks. While stock certificates are only worth what the next person is willing to pay for it, good real estate has intrinsic utility value. The key is to avoid the hype as much as the doomsday predictions, which only becomes harder during boom times.
Income property has once again become “Income property”.
There are many small income properties available in the area. Prices here have declined over 50% since the peak of the market late 2005/early 2007.
It’s possible to obtain some great apartment financing. 25% down payment and interest rates at 6% or slightly below.
Cap Rate is an investment tool for analysis that enables an investor to compare one investment to another.
Cap Rate is the best tool for determining the value of an income property.
Some of the most outrageous episodes in property ownership that the owners lived to tell about.
Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com