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Category: Business Strategies Current Grade: A- Total Views: 608 Member Comments: 0 |
Posted on: 08/11/2007 Posted by: gscmi Blog Points: 669 View all blogs >> |
Many investors look at certain markets and see the declining prices and values and do not invest. For others, they buy all they can. When a house goes down in price, but the rent stays the same, when you purchase the property, your cash flow will increase. If you are financing, you will have a lower payment and less to payback to the lender than if you bought the same house when the market was better. BAD MARKETS for those who buy and hold for cash flow are GREAT DEALS.
Working in the Detroit area for the last 7 years, I have seen the time of buy and hold, buy and flip, and times when you could do both and make a killing. All real estate markets go through their ups and their downs. Properties if maintained and kept up will remain around the same value and eventually appreciate. This helps everyone in real estate.
The good, the bad, and the ugly.....a real estate investors life.
These are just my thoughts........

