By John Daniel Mc Grey Submitted On December 22, 2009
If you had a hundred thousand dollars right now, where will you invest it in? A lot will surely try investing in stocks because they sound like big money. Others will open their own businesses. Smart ones, however, will start investing in real estate.
There is no better time to make money in real estate than today, experts say. Backing this opinion is a recent survey that showed that real estate is among five best investment destinations in times of an economic slump. Although the country is officially out of the recession, the economy has yet to recover from its effects. It is still recuperating from the battering it took. This gives investors a perfect opportunity to make huge money by investing in real estate.
While many investors are shunning this market, others are literally scooping cash in this sector. Skeptics fear that it is too risky to venture into real estate nowadays because the required capital is huge and the market has yet to recover. Even property prices have yet to pick up. Little do they know that this current market condition is actually an opportunity to buy properties at bargain prices.
Wise investors came to realize this and are now snapping up properties for investment. They sell these properties low buy they still earn money because they bought them at even lower costs. Studies suggest that the country will be hit by what experts call a “foreclosures tsunami” in the next year or two. This is a surge in the properties are will undergo or have undergone the process of foreclosure and is a wave of potential profit investors are hoping to ride.
These properties are swarming bank inventories so lenders have no choice but to let go of these assets very economical prices. They cannot afford to maintain the properties they repossessed from owners who failed to pay mortgage or other financial obligations. Lenders also face sanctions from regulators if they keep a long list of these properties.
Doubters can say that investing in real estate is still a hard thing to do because of the required capital. This should not pose a problem for those who are determined to make a fortune. You can secure loans from traditional lenders like banks or you can borrow from private individuals. Learn more on how you can do investing in today’s market at REIwired.com. The website contains videos and articles about real estate investing [http://reiwired.com/download/].
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