Homework A Must For Investors To Make The Grade In Real Estate Market

MarketWatch:

Experts say low home prices combined with low interest rates make this the best time in years to become a real-estate investor. While the timing might be right, investors need to understand all the costs involved in a rental property investment. Unplanned expenses can easily turn what looks like a good deal into a cash drain for years.

“Although there’s never been a better time to invest in single family homes for rental properties,” said David Hicks, co-president of HomeVestors of America, Inc., also known as the “We Buy Ugly Houses®” company. “The novice investor that jumps into a property unprepared can easily have a very expensive education. There are a number of factors to consider.” More.

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