Part of me says that it could be a good time to find a deal. The other part of me says that the market hasnt hit rock bottom yet and how much could properties really increase after such a hot run.
What do you guys think? is it a good time to invest in rental property? If so what is a good thing to invest in now two three flats, residential houses?

The housing market has a long way to go and we have not hit rock bottom yet. Next year when rates on many mortgages will reset which were purchased at the peak of the housing boom and as foreclosures will continue to increase there will be good places to look for some hot bargains. It depends on location but if you are a smart real estate investor you will have ahuge party going on next year as far as finding some really great investment opportunities.

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It is not smart to play it safe but it is safe to play it smart.

I am in chicagoland area. Are you thinking of single family homes or multiunit? or both?

To be honest with you, it really depends on what is out there on the market. There could be a huge bargain on a single-family home, there could be a one on a multi-unit or a commercial building or storage facility.

It is important for you to know your local market and to look at the entire package of the deal when you look to purchase real-estate.

I wouldn't suggest that you confine your search to just one particular option but keep all options open. As with any market, if you don't have the expereince and don't really know what you want you may bet burned pretty soon.

I imagine that there will be great deals around the real estate market. I would definately consider both, single family and multi-units bit stay away from properties which require you to invest in in order to market that property.

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It is not smart to play it safe but it is safe to play it smart.

I agree, great deals are abound. You should buy a single family as their easier to manage.

Depending on the area, great deals do abound, but what will happen after the first of the year if foreclosures increase?

The new bail out scheme could help inventories of homes on the market remain at the status quo, but an increase in properties will most likely further devalue home prices. This may give savvy home owners reason to have a tax readjustment for property tax reasons.

Wait another month to see the effects of the fallout.

If you have problems to manage real estate as an investment you shouldn't invest in real estate in the first place.

I would definately wait until next year before looking for deals in the real estate sector.

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It is not smart to play it safe but it is safe to play it smart.

i'm going to start looking into Foreclosures very soon as I'm in the Northern California (Santa Rosa) area.

Anyone know the market here with a little more expertise than I have?

I'm also considering getting my license.

Any insights?

Hello as well, kinda new round here. Happy Holidays!

Kerry

I don't think its a good idea to invest now
according to me I am shifting to stock market
and will definitely return but after some time

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Properties to rent

Real estate in Breckenridge

I have always thought of foreclosures as the best way to invest in real estate. It is good as you can easily make profits anywhere between $10,000 to $50,000 in just 45-60 days. You can buy foreclosure homes, commercial foreclosures, or government foreclosures at 10-50% reduced market rates. But, certainly most of the time these properties would need some minor repairs, before you can actually start making a profit.