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Thursday, August 11, 2011

Real Estate is the only INVESTMENT CHOICE, T-BILLS ANY ONE!

If you're thinking about investing in a rental property, experts say low home prices combined with low interest rates make this the best time in years to become a real-estate investor.
What's more, the real-estate market is starting to recover: U.S. houses lost $489 billion in value during the first 11 months of 2009, but that was significantly lower than the $3.6 trillion lost during 2008.
"We haven't seen home prices this low in so many years, coupled with the rates being so low," says Les Sohar, a Real Estate Expert with Re/Max, founder of soharworldhomes.com, who specializes in International  and Investment properties. "When the money is cheap to borrow and the houses are cheap to buy, and you get virtually nothing at the bank and the markets tank, it's absolutely the best time to invest."
Whatever you do, understand that buying investment property is an entirely different experience than buying your primary residence. "When you go to buy your own home, you usually have emotions in it," Sohar says. "When you go to buy an investment property, you need to put all that aside and ask, 'What makes sense?'"

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