Investing In The Current Market

Ray Montero & Gary Bravo — Tue, 10 Mar 2009 20:04:00 GMT

These are the best of times and these are the worst of times. These words written by Charles Dickens apply to us today, as they did in his time.

Now is an excellent time to buy that first home or invest in apartments or rental housing. If you want to buy a home or buy a house for an investment, you could not find a better time. Prices are down and so is the cost of a loan. There are great deals for first time home buyers. A first time home buyer is someone who has not owned a home in the last 3 years.

It is also an outstanding time to buy a house as an investment. When buying a house for an investment you must decide on how much you can put down, how much you want to pay in monthly payments and how much money you want to take home each month after all expenses. Remember to keep your decision reasonable. After you have determined this, this will tell you what to pay for a house or home.

The current real estate market is in a down turn and many are losing their homes and businesses. This is not a sign of good times for these people. But, for the investor, these are the best of times. Real estate opportunities are everywhere to be found and they are getting better. Now is a good time for the investor to invest in real estate. There is a surplus of homes on the market and not enough people who can qualify to purchase them. The same people who can not qualify to purchase a home, still need a place to live. They have to rent.

Number one rule do not pay the asking price. Shop around and make offers until a seller is willing to accept the offer that will fit your investment formula. Keep in mind, this is a buyers market and there is a large inventory out there. This will require your time and the help of a good real estate agent. Take advantage of your real estate agent. Your agent works at no charge to you. Tell him or her what your needs are. A real estate agent will assist you in locating what you are looking for. Your real estate agent will earn his and/or her income when you buy a home or buy a house through him or her.

ADVANTAGES OF INVESTING IN REAL ESTATE

People invest in real estate for many reasons. The advantages of investing in real estate can be broken down into three general categories:

· appreciation

· leverage

· cash flow.

Appreciation - Appreciation refers to an increase in property’s value due to changes in the economy or other outside factors. Although real estate values may fluctuate, over a period of several years real estate usually increases in value at a rate equal to or higher than the rate of inflation. Thus, real estate is considered an effective hedge against inflation. And when buildable property becomes scarce, the value of properties in prime locations increases even more rapidly.

Leverage - Real estate investors can take advantage of leverage, which is defined as using borrowed money to invest in an asset. If the asset appreciates, then the investor earns money on the money borrowed, as well as the money he or she invested.

Cash Flow - Many real estate investments generate a positive cash flow, as well as appreciate in value. Cash flow is defined as spendable income – the amount of money left after all the property’s expenses have been paid, including operating costs, mortgage payments, and taxes. When a real estate investment generates a positive cash flow, your monthly income increases. Thus, a real estate investment can increase both your net worth (through appreciation) and your income (through positive cash flow).

2 Story For Sale in Point Evans

Ray Montero & Gary Bravo — Wed, 04 Feb 2009 06:00:00 GMT

Needs a little work, sold as is

• 2,331 sq. ft., 3 bath, 4 bdrm 2 story - MLS® $295,000

Point Evans, Gig Harbor - Great 4 bedroom plus Den in the popular Aqua Vista community only moments from the bridge. Nice large fenced backyard and up dated kitchen. With a little sweat equity this can once again be a fine ho0me in an excellent location. SOLD AS IS

Property information

Lot / Land For Sale in Port Orchard

Ray Montero & Gary Bravo — Wed, 15 Oct 2008 06:00:00 GMT

undeveloped land with Water Front/dock

• lot / land - MLS® $135,000

Port Orchard, Kitsap County - The subject property is a 6.7 acre waterfront parcel (#34240120022001) Located within the city limits of Port Orchard, split by Hwy 166/Bay Street with the smaller portion located on Sinclair Inlet providing territorial, Olympic skyline, and water views. The approx footage of water front is 265 feet. On the water front portion of the property there is an existing foundation of an old home and existing pilings from an old pier/wharf that fell victim to a fire.

Property information

Single Story For Sale in Port Orchard

Ray Montero & Gary Bravo — Wed, 15 Oct 2008 06:00:00 GMT

Choice location in Port Orchard’s Busine

• single story - MLS® $200,000

Port Orchard, Kitsap County - .35 acres of undeveloped land within Magnolia Professional Plaza is located in the prime business area of Port Orchard. The acreage has water, electric and sewer. Magnolia Professional Plaza currently has a law office occupying the plaza. Proposed improvements per approved site plan prepared by J. B. Engineering Consultants, Inc. have been completed and will be provided upon request.

Property information

GaryRayRealestate

Investing In The Current Market

2 Story For Sale in Point Evans

Lot / Land For Sale in Port Orchard

Single Story For Sale in Port Orchard