We are seeing Real Estate Investors come back into the market in greater numbers as the overall housing market continues to improve.They see this as a golden opportunity to make sound investments. The concept of buying low & selling high has always been a principal and the foundation of sound investment strategies. Here in our own county we are seeing the same pattern. In the first two months of 2013, the median price of sold residential properties has risen from $186,000 in the same period last year to $219,250 this year. As current inventories get bought up & less distressed properties are entering the market, prices should continue to move upward. A word of caution however, if you’re new to Real Estate investing, I suggest that you start off slowly. Don’t go in over your head. Start with a basic game plan, especially on rental properties and make sure the numbers work in your favor. Follow the basic principal of income exceeding your expenses; know as positive cash flow, allowing enough room for unexpected expenses. Work with an experienced agent, one who has been previous successfully in selling investment properties. Remember, all indications are pointing to “If not now, then when.” Good luck.
