Right now people are under great stress. It is no wonder! We are fed bad news daily. While listening to the news is important, just remember that people are still making money today.
I have bought homes under both administrations, Republican and Democrat. No party really knows the your business, only you do.
Real estate is a great in all economies. Rents tend to go higher when interest rates go up and down when rates are lower. Rentals are usually always good in a bad market. (People have to live somewhere.)
Everyday we hear about foreclosures and gloom and doom. Just keep your mind in a state of making money and making intelligent decisions on purchase’s.
I have done well in down markets. For example; Years ago, I was buying condo’s in Mesa for a song. Some for as low as $15,000. Sound familiar? Everyone said that real estate would never come back. I think you know how valid that statement is.
So be careful what and who you listen too. Remember, investors can make money in any market. That investor could be you! Plug into the opportunities you are comfortable with, keep it in budget and you will be fine!
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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/
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