Thanks to low interest rates and increasing rental rates, my husband and I are enjoying more cash flow from our rental properties than ever before. Sure, our properties aren’t worth quite as much as they were last year. But they are still making us money. And because we purchased in desirable areas, we know they will increase in value over time.
Many real estate agents disagree with me. And, I’ll be honest in saying that these aren’t tried and true ideas, since we haven’t sold any properties in today’s market. But as a life long student of marketing and a passionate real estate investor, I can’t help but want to combine the two constantly.
When Dave and I bought our first real estate investment a little over seven years ago, the market on the West Coast of Canada was a mess. Most of the properties we looked at had been on the market for over a year. As new real estate investors, we couldn’t help but think “There must be something wrong with this property if nobody has bought it yet.” But, it was just the market at the time. Nobody was buying anything… and that was a great thing for us!
Read more on Current Market Conditions Shouldn’t Stop You From Buying Real Estate…
My head is still spinning from the amazing week I had in Florida. For the first 4 days I was in Delray Beach at a information marketing conference put on by the amazing folks at Early to Rise. And let me tell you, it was well worth the cost and pain of 16 hours of travel (why oh why is there no airline that flies non stop from Vancouver to Miami or Palm Beach or Ft. Lauderdale??), and every minute of my time spent at the conference. Every session was jam packed with content, ideas and tips and I met so many interesting and inspiring attendees of the conference.
Read more on Knowing Your Property Comparables – An Article by Justin Ford…