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re: Is Real Estate Investing a smart strategy right now?

Posted on 1/21/15 at 11:01 am to
Posted by LSUengineer12
The Best Side
Member since Dec 2011
1850 posts
Posted on 1/21/15 at 11:01 am to
I feel like it's a buyer's market with rates as low as they are.
Posted by joeytiger
Muh Mom's House
Member since Jul 2012
6037 posts
Posted on 1/21/15 at 11:08 am to
Yeah, I am finding that inventory is low, and I am putting in 30-40 offers a month right now with the hopes that I get 1 under contract with a price that is under market value in order to turn a nice profit. The garden district is where I am concentrating most of my marketing and research because it is a hot area, but like you said, inventory is very low. I might start looking at older homes in the Ascension area as well to allow a better chance of landing a contract, but it will require more purchasing power to buy in that area.
This post was edited on 1/21/15 at 11:10 am
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