Is there really a "Bottom" of a Real Estate market, by Jason LaFlesch
You tell me. Is there really a “bottom” of a real estate market? Personally, I don’t think so. If you think there is or what the definition of the “bottom” of the market is, you tell me. How do you know what the “bottom” of the market is and what do you base your opinion off of?
Here is the way I look at it folks… If the value is there, then you buy. If you are an investor looking to Buy and Hold for cash flow… if the numbers work, then you buy. What I mean by that is that lets say you buy a property for $50k and it rents out for NET after all expenses etc for $800/mo… then you have yourself a great deal. Close to 20% cash and cash return annually, not bad. Let’s say the “bottom” isn’t here yet and that property has a value of $46k next year… who cares… look at your bottom line numbers if you are an investor.
I don’t know. I’m not the smartest guy in the world but I believe if you see “value” in a property or you look at the numbers as an investor and they work for you, don’t focus on ever finding the true “bottom” of the market because I believe that’s an impossible feat.
In order to Get in the Game with Arizona Investment Link and buy your dream home in this dream market or buy for Cash Flow and Fix and Flip, go to http://arizonainvestmentlink.com
Ciao
Jason LaFlesch
