IS NOW A GOOD TIME TO BUY AN INVESTMENT PROPERTY?

YES!

NAR's chief economist, Lawrence Yun, says "the market appears to be stabilizing with modest monthly ups and downs", and that first-time buyers are now driving the market, which will continue to help the overall market improve as sales increase (Source: www.Realtor.org 4/23/09).

Finding a positive cash flow rental home on the Outer Banks is not a piece of cake. However, home values have declined to the extent where more and more rental properties are proving to be great profitable investments again, and their list prices are now more in line with rental figures to create great rental ratios for investors.

Given the market's decrease in prices and the incredible interest rates availalbe, you can't deny that now is the perfect time to invest!

There are several factors that affect the cash flow of a rental home including rental income, management fees, utilities, taxes, mortgage payments and insurance to name a few. Besides these obvious factors, you should also consider the tax benefits of owning an investment home and discuss these with your CPA.

To receive a full Investment Analysis Breakdown spreadsheet of any properties of interest, email me today!