Archive for the ‘lower home prices’ Category

Security in Retirement with Fixer-Uppers

Monday, February 20th, 2012

Are you like me and never socked much money away for retirement? We are not alone. The Employee Benefit Research Institute’s Annual Retirement Confidence Survey found that pre-retirees (Americans between the ages of 55 and 65) greatly underestimate how long they are likely to live and how much money they will need in retirement.

Experts say that we need to change our mindset from “assets” to “income” in retirement planning. It’s not enough to know how much money we have in savings; we need to know how much income our savings can generate over time.

There is no better way to change our mindset and our portfolio from “assets” to “income” than by investing in real estate. If we invest wisely before we retire, and can have a stable of reliable rental properties that generate steady monthly income. We can look forward to a retirement that provides security instead of uncertainty.


Don’t rely on politicians to provide you with retirement security. If you want it done right, you must do it yourself.

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A Secret to Increase Rental Profits: Buy Properties in “Opportunity Zones” (Video)

Monday, September 20th, 2010

When looking for investment properties, don’t just find houses that meet your financial criteria. Rather,  find the house that meets your criteria in locations where people are extraordinarily inclined to rent.

There are nice areas in my town and there are not- so-nice areas in my town. However, neither of those two areas is where most people like to rent properties. The largest majority of people like to rent in what I call “opportunity zones” (also known as “transition zones”).

A great way to maximize rental profits is to buy rental properties in “opportunity zones.”

Sell Your House and Move into a Smaller One in Retirement?

Thursday, September 6th, 2007

Author Glenn Ruffenach, in his Wall Street Journal Article Don’t Count on Your House for Retirement warns us to “think twice about how big a role your home will play in subsidizing your future.” Studies show that 68% of 60-year-olds count their personal residence as a retirement asset, and to one-quarter of those, their home represents half or more of their retirement income. The author feels that because of lowering home values and higher interest rates, selling your home and buying another may not be so easy.

But how about us real estate investors? If we are buying and holding properties for the long term, our houses are assets that produce spendable rental income every month. Lowering property values and higher interest rates don’t affect us much. Higher interest rates means that fewer people can afford to buy houses and must rent (from us). As house prices go lower, we can get ready to purchase more houses at bargain basement prices. Economic conditions that may affect the majority of the population adversely are opportunities for the prepared investor.

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