It’s not a high-glamour, high profile niche in real estate investing, but it could be one of the safer, cash-flow producers in tough economic times: We’re talking about self-storage facilities for small-scale investors.
Archive for January, 2009
McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.10 percent with an average 0.7 point for the week ending January 29, 2009, down from last week when it averaged 5.12 percent. Last year at this time, the 30-year FRM averaged 5.68 percent.
As the new president takes office, he’ll be moving into the middle of one of the country’s real estate markets that’s in full throttle recovery.
There’s a lot of doom and gloom being spread in the media about the housing market and overall turbulent economy. But, if you’re in a position to take advantage of falling housing prices, getting a loan and moving forward with a real estate purchase could, in the long run, add strength to your financial portfolio.
Chances are, these towns don’t ring a bell, but perhaps they should.
Chances are, these towns don’t ring a bell, but perhaps they should.
[Note: To follow is an excerpt of an interview with Anthony J. Buonicore, Chairman and CEO of Buonicore Partners, LLC, publisher of the daily newsletter, Building Energy Performance News and a nationally recognized expert on energy and environmental issues as they impact property. To listen to the show archive or download an MP3, go to www.IncomePropertyInvestmentTalk.com/011409.]
[Note: To follow is an excerpt of an interview with Anthony J. Buonicore, Chairman and CEO of Buonicore Partners, LLC, publisher of the daily newsletter, Building Energy Performance News and a nationally recognized expert on energy and environmental issues as they impact property. To listen to the show archive or download an MP3, go to www.IncomePropertyInvestmentTalk.com/011409.]
I have been in real estate long enough to become cynical, and that may be a good or a bad thing. I like many others in the real estate industry take a lot of claims from other agents with a grain of salt. Our reputation amongst our peers in our industry is one that based partially on fact, but mostly on puffing and ego. Clients and the public will use still another standard; it is called "Performance!"
I have been in real estate long enough to become cynical, and that may be a good or a bad thing. I like many others in the real estate industry take a lot of claims from other agents with a grain of salt. Our reputation amongst our peers in our industry is one that based partially on fact, but mostly on puffing and ego. Clients and the public will use still another standard; it is called "Performance!"