Investment Strategy for Columbus Georgia Real Estate
Posted by Wayne Long on Saturday, August 23, 2008 at 10:29:35 AM
By Wayne Long / August 23, 2008
4 Comments
What is the Best Strategy for Real Estate Investment for Columbus Georgia? 1) Find a home that would make a great flip.
2)Do the base things that are important like a new roof or paint now.
3)Rent the home out until prices recover.
4)Complete the flip once prices recover.
Why do I think this is a good strategy now?
1) Lots of available properties at below market prices.
2) Lots of great economic news in Columbus right now like the influx of troops from the BRAC growth plan on Fort Benning in 2009 - 2011. KIA plant locating nearby and projected spin off businesses. AFLAC expansion, Cessna expansion, etc.
Real Estate investment is almost always a good idea because it is real property but the best strategy for investment changes as the economy changes. Let us help you make a good decision and a wise investment.
Discussion
Real Property is a great investment!
I'm in the Raleigh area and the strategy I preach is to buy a good home in a good neighborhood that people want to live in, then work wo find quality tenants. I know it sounds silly, but it's what I have seen work the best with the least risk for our area unless the buyer/ investor is willing to work at it almost full time to succeed.
Sometimes I feel sort of like that turtle. Just need somebody to come and knock me off the post! LOL
The same strategy would hold true for the Phenix City market as well. Is that correct?
Post a Comment