There are many reports beginning to filter through that the depressive state of the nation is so bad that it has formed a new internal nation. A nation of renters, whose sole survival is trended towards the rental market and avoiding the purchase of a home. This is certainly good news in two major ways: Buy and Hold is a great method to work for any of our DG Family members as the depression lifts in several years - selling the property can produce major funds. Now remember, I am a novice and learning the trends by reading Dean's books. Secondly, the market will tolerate a slightly bloated renter's frenzy in that you can ask for just about any rent fee, but sounding unreasonable it would work towards your advantage to being fair and advertise to attract a great tenant setting an affordable yet marketable rent. We know we are at the bottom, Dean tells/educates us with great blogs. So as the new school year begins, lets help those parents get into the school district of choice by helping them rent. Hey Dean - I don't want to sit in the corner with a dunce cap so I'm really trying to make the grade and take action. Thanks again Dean for being our Mentor/Teacher.
Never Give Up, Never Surrender!
Also a good plan would be what is one of my favorites...
Lease Options/Land Contracts.
I am looking for help bird-dogs or wholesalers who can help to find those who want to own, and those who are new homeowners both who want to own free-n-clear in just ten years vs. the typical 30 or never. That way they will be in a great position to refinance, reverse mortgage, or sell at a profit or with options at that time.
We'll probably be well into the lost decade or two by then, so people will really need to get ready.
Best Regards, &
Thanx!
Best Regards,
Anita
(Licensed Realtor-Military Vet-9/11Vet)
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A self-directed realization for 2014 is to:
Live life as if always on vacation and have all the good health, time, & wealth to enjoy it.
Work, only when and IF desired. Helping others do the same. It Pay$ To Connect!
Always In Gratitude.....