I told you.......

As I predicted, renters have been calling me in DROVES over the past two weeks. Many of them are finding that there aren't many realtors willing to work with renters, but as a full-service real estate company, we fulfill EVERY real estate need.

Now, I'm going to say it again; if you have the ability to purchase an investment property which can be rented, DO IT NOW! There are fantastic deals still to be had, interest rates are still historically low and the renters need places to live.

I suggest purchasing sturdy, relatively well-conditioned single family homes. This is what today's renter is looking for as they climb the property ladder. They are yearning to leave apartment type living in search of privacy, their own yard and the homeownership experience without the full responsibility. These renters will, in turn, purchase a home of their own down the road, but in the meantime you make a little extra cash while waiting for the market to stabilize and then make a tidy profit on your investment. We're not talking about the outrageous profits of 2005, but a respectful return.

You'll be kicking yourself next year and be one of those people who says "I had the opportunity and didn't do it!". Don't be.

Call me.