Smart investors still invest in real estate
Now is one of the best times in history to invest in real estate. The recovery of the real estate market is picking up momentum, which provides an incredible opportunity for investors.
With combined low interest rates and low prices, now is the time to jump into the market. Real estate is a solid investment that you can see and feel—and it’s the number one source of long-term wealth for many Americans.
Can the average person become a real estate investor? You bet! The key is to know the right investments to make – the investment that “fits” you. Real estate investing is all about your personality.
For example, there are people who should never be landlords. They just don’t have the tolerance level required to evict somebody for non-payment of rent. Don’t fool yourself into thinking you could be a landlord if you don’t have it in you.
There are other people who love the idea of investing in vacation rental homes. All they do is place the vacation rental with a management company who takes care of everything. Then, they just sit back and wait for their checks.
Again, this type of investing is not for everybody. Some people don’t like the idea of not being able to keep their things in a vacation home permanently. They think it starts to feel more like a hotel than a home. These people shouldn’t bother with vacation rentals.
Other people love the idea of investing in land, new construction, or commercial real estate. Each has their varying degrees of difficulty and each requires a different personality.
Whatever your personality, now is the time to think about getting back into real estate investing because this period in history will prove to be an amazing opportunity for the smart real estate investor.