Investors Create The Bottom, So It’s Only Up From Here…
Posted by Bradley Glaves | Visited 175 times, 2 so far today | Leave A Comment »
January was a particularly strong month for real estate purchases by investors that know a good deal when they see one.
There may have been only one or two multi-million dollar purchases in January for Carlsbad & Oceanside, but there were over 130 homes and condos purchased over the same time period (priced below $400,000) in the following zip codes: 92008, 92009, 92010, 92011, 92054, 92056, 92057, 92058 per Fidelity National Title’s Area Update.
When was the last time you thought you could buy a home or condo in our Coastal North County for under $100K? Talk about positive cash-flow!
The Golden Rule Of Real Estate Investing says, “Smart real estate investors make their money in real estate when they purchase property, (they don’t hope, guess or bet the property will increase in value, that’s for amateurs). Smart Investors lock in their gain on day #1.”
Unlike the Buyer frenzy of the past, most real estate investors today are un-emotional and are strictly looking for numbers that work for them.
So, are you a “closet” Real Estate Investor, sitting on the edge waiting for the bottom and just the right time to jump in the water? With active investors creating the current bottom of the market your wait is all but over…
You might be asking “why do investors create such a bottom”? Couldn’t the bottom be at a lower level? Theoretically, it could (if the demand for rentals wanes), but as long as investors are willing to accept a reasonable return on investment and a positive cash flow, history tells us they will buy all the property they can reasonably afford.
And what better place to buy property, than right here in our own backyard in San Diego County.
Even our government recognizes the vital role Real Estate Investors play in our current market. Recently the government (Fannie Mae-FHA) eased credit limitations of 4 investment properties, raising the limit to 10 properties (residential 1-4 units).
So those of you that currently have 4 properties, you can now buy 6 more! It’s time to BUY! BUY! BUY!
This strategy is especially important for those of us that will be faced with higher taxes over the coming years because of all the excessive stimulus spending. 
Of course unlike previous periods of pure speculation, now the purchases have to make sense and you have to meet investor qualifications (you can no longer qualify by just fogging a mirror) .
If you would like learn more about solid real estate investment opportunities and “strategies that make the most sense in today’s economic environment” give me a call toll free at 888-280-2010.
I have been working with commercial and residential real estate investors for over 27 years. Bradley Glaves, Windermere Exclusive Properties, Carlsbad, California
