Winter can be the best time to purchase an investment property
Scott P. Rogers
Many of my savvy investor clients wait for the winter 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.
