It is a terrific time to buy as we have the historically low interest rates, tons of inventory, and terrific incentives. Are you looking to maximize your wealth?Let's do a quick experiment. How much money will you make if you put the money in the bank? Near ZERO interest rate. How much money will you make if you buy a home and rent it out? almost SEVEN PERCENT ON AVERAGE In the East Contra Costa county area! If you think being a landlord is a lot of trouble, why not hire a property management company to take care of it for you. Say, you buy a 3 bedrooms and 2 baths home for$140,000. You rent it out for $1500/month. You pay the property management company 6% of $1500/month. The property management company will collect rent, handle all the communication with the client, take care of repairs as necessary, and so on.
This results in a gross profit to you of $1410 per month!!
As you can see, real estate remains your best investment bet. Contact me to learn more and get ready to enjoy the retirement of your dreams!!