Wednesday, August 5, 2009

The landlord game

Great article in the August 3 issue of Forbes magazine about the great opportunities that this real estate market has created for investing in rental properties. Considering that prices are as low as they have been in years and that due to new tighter lending restrictions many people can no longer qualify for mortgages and need to rent instead, the timing could not be better for investing in residential rental properties. The article does a great job of explaining the formulas a potential landlord might want to apply to make sure a property is a good return on his money, and how that might compare to investing in the stock market at this particular time. My gut has been telling me this for the last year and we are seeing more and more people cash out their stock accounts and invest in rental properties here in Helena. There are many properties on the market right now that will cash flow positive from day one. Call me and I will be happy to share those with you. Don't miss out on this opportunity. Regards, Karina