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To: Petronski

I would NOT invest in RE in this market. We have such a glut of properties (multi-year inventory) and a glut of rental properties.

That being said, if you happen to come across a real jewel in the rough (newer home, solid neighborhood, some 40% below market) then it would be worth doing. That being said, investing in gold, silver, stocks, etc at this point is a much better ROI than real estate. 2-3% per year is barely better than a CD.


8 posted on 11/23/2009 1:34:22 PM PST by rstrahan
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To: rstrahan
That being said, if you happen to come across a real jewel in the rough (newer home, solid neighborhood, some 40% below market) then it would be worth doing.

Done and done.

9 posted on 11/23/2009 1:35:50 PM PST by Petronski (In Germany they came first for the Communists, And I didn't speak up because I wasn't a Communist...)
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