Jeannie Niles Real Estate Investment
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“I want to go to California”
I have been traveling in Arizona, New Mexico, Texas, Oklahoma, Illinois, Missouri, Indiana, Kentucky, Tennessee, and Arkansas the last several weeks. I felt fortunate to have a mini-vacation due to the holidays and a slowing real estate market.
I positioned all of my clients last year in preparation for 2006, thus have been enjoying the time away from a rapid sales pace.
During my travels the #1 comment when people find out where I’m from (in fact the only comment) is “I want to move to California!” Several people in Arkansas told me they were moving in the next two months. Everyone else was planning on moving, or hoping to move to California.
This isn’t a controlled statistical survey, but it sure makes me feel good about my investments in southern California.
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Income property has once again become “Income property”.
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There are many small income properties available in the area. Prices here have declined over 50% since the peak of the market late 2005/early 2007.
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It’s possible to obtain some great apartment financing. 25% down payment and interest rates at 6% or slightly below.
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Cap Rate is an investment tool for analysis that enables an investor to compare one investment to another.
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Cap Rate is the best tool for determining the value of an income property.
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Some of the most outrageous episodes in property ownership that the owners lived to tell about.
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Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com
