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property for sale in costa blanca costa de la luz spain
News and Information Article
MIAMI, Oct. 27 // -- Responding to the latest figures
released yesterday from the Commerce Department showing selling prices of
new houses suffered the biggest decrease since 1970, Robert Shemin - Wall
Street Journal best-selling author, nationally renowned speaker and major
real estate investor - identified five strong strategies to reassure
nervous investors. http://www.SheminRealEstate.com
"The way you make money is not following the herd," advises Shemin.
"Lower prices mean greater investment opportunities because there are more
motivated sellers and more deals coming on the horizon. Now is definitely
the time to buy - but to buy smart."
Shemins strategies:
1. Buy to hold
Historically long term investors almost always do well. A long term
investment strategy is five to seven years plus. Medium is 6-months to
five years and short term is less than six years.
2. Buy cash flow
Speculators take a chance on rapidly appreciating properties and risk
a softening market but investors look for investments that produce
cash flow from day one. Be an investor. Go for cash flow.
3. Find secret appreciating markets
Look for areas that didnt appreciate a lot in the past four years and
are now steadily climbing or where there is strong job growth. These
translate to housing demand and are the best-kept secrets in real
estate. I personally like Huntsville, Alabama; Nashville, Tennessee
and pretty much all of North Carolina.
4. Uncover "hidden" markets
There are exciting markets within markets that make strong investment
opportunities. Las Vegas as a market is very soft right now, but in
the low to moderate income there is a strong demand for new homes -
starter homes - in the $200,000 to $250,000 range. So there is a
strong market within a weaker one. Miami is the same. The Miami market
is soft, but there is still strong demand for quality beach properties
in the $500,000 to $3 million range. So just because a market may have
slowed down, look for other opportunities or mini-markets within.
5. Buy international
Dont be afraid to invest in other countries. Do your homework. Talk
to other investors. Go to a seminar. Then make your choice. My two
favorite picks right now are The Dominican Republic and Nicaragua.
For more free tips email, publisher@thewavegroup.com
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property for sale in costa blanca costa de la luz spain |
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