Buy Low, Sell High

By
Real Estate Agent with Reece & Nichols

Buy low, and sell high.  We all know that successful investors follow this advice.  The problem with applying this idea to Real Estate (or any other asset) is that it is difficult to tell when we have hit bottom.  Have home prices hit bottom in my area?  I don't know for sure, but here's what I do know...  Rental homes are in extremely high demand, and vacancy is at an all time low.  Prices are the best I've seen in years. 

I have several rental homes in Johnson County, KS.  When I post them for rent on craigslist, the response is incredible!  I usually get more than 5 applications in the first week.  My annual return on investment is a solid, stable, 10%. 

 

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Topic:
Real Estate General Information
Tags:
investing
rental market
johnson county

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Rainmaker
174,212
Ken Patterson
Roseville Real Estate, TOP Rocklin Realtor
TPR Properties

You are right on Rachel...  It is hard to say "we have hit bottom", but it is hard to look past the deals out there and the numbers.  Ken

August 29, 2011 09:32 AM
Rainmaker
967,339
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Personal Service, always.
Waters Realty of Brevard, LLC

It does look like rental investment is looking pretty positive...even here in Florida. Send buyers!

August 29, 2011 09:35 AM
Rainer
11,143
Cindi Susi
Keller Williams at the Beach - Lewes, Delaware

cindi susi realtor sussex county delaware real estate  Yes, there are some awesome deals out there.  Prices are great and interest rates are great.  Hard to tell if this is the best time or there is still better to come.  Wish we had a crystal ball ! 

August 29, 2011 09:36 AM
Rainer
137,431
Gabrielle Jeans
Real Estate Web Solution, Real Estate Trainer and Coach
WebTech Dezine, Gabrielle Jeans Real Estate Coach

Here in Toronto, we have the same situation. Thanks for sharing your post Rachel. I enjoyed reading it.

August 29, 2011 09:56 AM
Rainmaker
687,494
Kwee Huset
Venice Florida Homes For Sale
Kwee Huset Realty

Hi Rachel, Thanks for sharing & Congratulations on your 1st post. Welcome to activerain.  You can join up to 5 groups for your post.  Members at AR are very friendly and helpful; I learned alot about blogging and SEO. I wish you good luck.

August 29, 2011 05:36 PM
Anonymous
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Rainer
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Rachel Hunt

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