What is opinion of today’s Real Estate market and which the best place is for invest?
Property which you can make “Money” on. Not the perception of equity. Determining “Money” is always the difficult part.
We are seeing in our city 50% expense and mortgage to income… A great time to invest in long term investments. We also see flipping coming back…
Sub 2 is on the shelf until values start increasing… But it too has about 9% of the inventory to pull from just not nearly what it did in the recent past.
L/O are dead unless you get creative with seller concessions… Too many sellers are jumping on the Foreclosure band wagon for L/O to make sense.
Wholesaling is stupid… IMHO…
I agree with Micheal. This is a good time to think long term buy and hold. Specifically in my market many 3 bed+ SFH in nicer suburbs will cash flow without leaving a lot of cash in the deals. We are also seeing a few investors flipping fixer uppers to first time home buyers.
Bob
That can not be stable.
People are saying that this is the best time to invest in real estate market but I think it is good only for the long time investors. Investing in rental apartments, hotel or catering related business are also a good options because these start giving back some return immediately.