Thursday, September 02, 2010

Fishing for investment properties

If you were ever thinking of becoming the next Donald Trump with rental properties well now may be the time in Sarasota and Manatee counties.

With some condo's and homes selling in the 10k to 20k range (Ok, these are not waterfront premier communities) it would be tough not making money on these investment properties.

There are great opportunities for investors to scoop income making rental properties as they come on the market day after day.

The catch is there are a lot more people fishing these waters and you need to be able to jump with cash in hand.

Also if you are looking to make low offers on the foreclosures in the lower price ranges and win, it is similar to casting without a hook and hoping the fish will throw themselves on your line.

The other people fishing around you will be catching a lot more that day.

All the best
Greg Owens P.A.
Realtor
Keller Williams On the Water
greg@teamworksfla.com
www.teamworksflacom

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