In the market today serious real estate investors are changing their strategies and many are buying real estate as a longer term investment. More flippers are moving into the rental market for the foreseeable future. This great article from CNN/Money is very accurate and I thought you would enjoy seeing it.
NEW YORK (CNNMoney.com) — These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities.
“It’s awesome right now. I don’t think we’ll ever see another time like this,” said Tanya Marchiol of Team Investments, which has operations in about 10 states but focuses mostly on the Phoenix market.