Home > Blogs > California > Los Angeles County > South Gate > To BUY or not to BUY, Is that really the question?

Jorge D Acuna's Blog

By Jorge D Acuna, Realtor | Agent in 90280

To BUY or not to BUY, Is that really the question?

Well it shouldn't be the question anymore. Not only are the home prices at a low, The interest rates are at a low as well. This is a rare event.. Its usually one or another. Either the interest rates are low and the home prices are high, or High interest rates with low home prices. If your even thinking about getting your first home or an investment property don't hesitate. Cheap Multi-unit properties in South gate are going anywhere from 225k-300k, imagine your mortgage payment being from 1400-2000 on these units and either you living in 1  and renting out the rest or renting them all out and letting them pay themselves with possibly some positive income for yourself. In 30 years all that rent is going to be yours.  This is the right time! The last time something similar to this happened was 10 years ago, Some of us weren't ready to buy or just did'nt know what was happening. With the Social media and the web being a big factor on how we receive our information of whats happening in the world, there is no way we can ignore the facts about real estate. Years ago the internet was nowhere near where its at today nor were our cell phones. Now information is sitting on your lap or in your pocket. I remember being upset with myself for not taking advantage 10 years ago when the whole world was making a ton of money from their real estate investments. Those of you whom followed the golden business rule, Buy low sell high are sitting pretty right now. This is the opportunity we have all been waiting for. Its very exciting as a realtor to see my buyers getting into a great investment or as I like to call it, their retirement plans.. Lets be real, Social security is a supplement not a life line.. So stop asking the question and take the first step...

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer