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/ Why invest in Houston Real Estate

Why invest in Houston Real Estate

August 17, 2010 billedge

Because Houston has the fastest growing economy in the United States

 Houston offers a great opportunity for the investor in the Real Estate market. Houston did not have the rapid appreciation and then the crash of markets in states such as Florida, and California.  But prices have fallen up to 50% in some subdivisions.  This has been caused by a combination of a panic reaction on the part of the public, and a desire of REO owners to sell their properties quickly.

I used to tell my clients that they could not sell a home in a sub-division when the builder was still building.  Well now the saying should be you can not sell your home in a subdivision when the government and banks are selling REO foreclosures.

Interest rates are at all time low rates.  Real state financing is a little difficult now, but it can be done.  Do you want to wait and see the investment opportunity of a lifetime pass you by?   If you are waiting for easy money.  It might be a decade or more before we have a situation like we used to when a California Pizza delivery man can buy 10 investment properties in Houston on $200 a week income.

There has been a change in our lending practices.  Buyers are required to have more paper work; stated income is a thing of the past.  But there is money out there for you.  You need to start looking at property listings tonight.  You can create a Real Estate portfolio for yourself and your family.

In real estate like no other investment you control the investment.   You don’t have to worry about your fund manager.  There are tax benefits, appreciation, leverage and income for you to work with.  There is no other legal investment which will give you this great an opportunity for quick profits.

If you want to build up wealth quickly over a short period of time.  In a market known to be the best in the United Sates.  Then you need to call Bill Edge today at 713-240-2949.

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