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This (winter) could be the optimal time to buy an investment property

Investment Properties

OK -- admittedly, it doesn't feel like winter out this week, or in may recent weeks, however, I'll still take this time to note that many of my savvy investor clients wait for these winter/winter-ish months to acquire additional rental properties.  Their reasons are pretty logical....
  • In the Spring/Summer/Fall they have to compete with more owner occupant purchasers.
     
  • In the Winter, many sellers are less hopeful about the likelihood of finding a buyer, and often are more flexible on price.

Of note -- this advice is most applicable to townhouse properties that might be purchased by investors or owner occupants.  This does not necessarily apply to multi-family properties or student housing properties.

If you are looking for some advice on how to get started with real estate investing, check out HarrisonburgInvestmentProperties.com.

HarrisonburgInvestmentProperties.com

 

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