Doug Reynolds, a Sacramento Area Realtor, discuss an investor strategy that will be prevalent in the 2012 Sacramento Real Estate Market. It's called: Buy, Fix and Hold. Now that the market has bottomed out in the area, investors who have been sitting on large amounts of cash are now picking up real estate investments. They are purchasing homes that are in poor or fair condition, fixing them up to be in average to good condition and then renting them out to be held for 5 to 15 years. This is one of the reasons for very high buyer demand in the Sacramento area for 2012 and why the market is now a sellers market with very little inventory.
No comments:
Post a Comment