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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investing
rental market
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Rainmaker
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Ken Patterson
TPR Properties - Rocklin, CA
Roseville Real Estate, TOP Rocklin Realtor

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

Aug 29, 2011 09:32 AM #1
Rainmaker
1,013,636
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Melbourne, FL
Personal Service, always.

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

Aug 29, 2011 09:35 AM #2
Rainer
11,143
Cindi Susi
Keller Williams at the Beach - Lewes, Delaware - Lewes, DE

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 ! 

Aug 29, 2011 09:36 AM #3
Rainer
137,493
Gabrielle Jeans
WebTech Dezine, Gabrielle Jeans Real Estate Coach - Toronto, ON
Real Estate Web Solution, Real Estate Trainer and Coach

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

Aug 29, 2011 09:56 AM #4
Rainmaker
720,413
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

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.

Aug 29, 2011 05:36 PM #5
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Rainer
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Rachel Hunt

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