I hear people saying that the current real estate market is way overpriced – that there are no good “buy and hold” deals. But, that’s a matter of perspective. If you understand the economics around the increases in pricing, the supply side shortage that is causing dramatic increases in rents around the country, you understand that this is the new investment real estate market for the foreseeable future.
So, when you look at buying an investment property your questions become
- Does it cash flow at the current purchase price?
- Can I get good long term financing on it?
- Can I manage it in such a way as to increase profitability over the long term (5 + years)?
If you can say “yes” to those three things – its a great “buy and hold deal” in the current market.
If you are looking to purchase a multi-family apartment building or other investment rental property in Florida or Connecticut, the Lanzaro Commercial Investment Team at eXp Realty has numerous off-market opportunities available. Just fill out the form below to let us know what you are looking for and we will match you up with our available properties.
Thanks and Have a great day!