Is This a Good Time to Invest in Real Estate in Raleigh?
Have you considered investing in a property to rent out? It's a great time to invest in property right now.
Today property prices are still low in comparison. The market is picking up and the Seller is often on the receiving end of more than one offer - and that is a sure sign that the market is improving.
The shortage of inventory means the market will change as demand outstrips supply.
The credit crunch scared off many home buyers. Those who struggled to sell their homes during the credit crunch, and eventually managed to do so, have become renters. Some who lost everything during those tough times, have to rent and we find ourselves with a high demand for rentals across the board.
Interest Rates can be fixed for 20 or 30 years and that means that you will more than likely have capital growth over that time and rental income will increase, giving you a positive cash flow and a growing asset. In my opinion, inflation must be higher than 3% to 5% over 20 or 30 years.
This is a great window of opportunity to buy an investment property. I would love to have a confidential chat with you about the opportunity to invest.
We specialize in condo's, town homes, multi-family and single family homes inside the Raleigh Beltline, downtown and surrounding neighborhoods. We also offer expert property management services so you don't have to worry about a thing!
Please give me a call and lets set up a coffee date to discuss this further.
Please give me a call and lets set up a coffee date to discuss this further.
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