Financial Planning starts with anticipating your future needs and then preparing to meet those needs. Determining how much in net assets or income producing assets you may need is essential to realize the retirement objectives you want for the future.
Investments come in a wide variety, each with its own unique characteristics that appeal differently to each individual. Investments are usually evaluated by their Rate of Return or Yield, Liquidity, Risk, Cash Flows, Marketability, Taxation and Management Requirements. Each investment will have many different peaks and valleys and investing in residential real estate is no different. However, as the population continues to increase, the need for housing will continue to rise and real estate will continue to be a solid investment.
Approximately 98 percent of the world’s millionaires have made their fortunes in real property. The old saying still goes: “They aren’t making any more land!” To be successful in real estate, the best advice is to “Buy Low and Sell High.” This sounds easy enough, but without experience or a background in real estate it is easy to get in over your head.
The following was a recent article from the "Housing Predictor."
BEST INVESTORS REAL ESTATE MARKETS IN 2010
"Despite the troubled economy, the best buyers real estate markets for investors in 2010 possess stronger regional economies and the hottest prospects for the highest job growth in the country. Employment is the leading economic indicator for a strong housing market, and the best ten markets have what it takes."
"Huntsville, Alabama tops the list with massive job growth due to the federal government's Base Realignment and Closure (BRAC) program. More than 10,000 new jobs are being created as a result. Huntsville is also nicknamed “Rocket City” as a major NASA hub."
In addition to what the experts say, with the interest rates at an all time low and many properties either undervalued or in foreclosure, now might be a great time to begin purchasing investment properties. Let me show you the great opportunities that are available right now – and begin (or continue) investing in your future by investing in residential real estate.