Home Buying in 10301>Question Details

Joseph Shikh…, Real Estate Pro in Staten Island, NY

IS it a good time for the investors to buy property at the present time.?

Asked by Joseph Shikhman, Staten Island, NY Sun Dec 8, 2013

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8
wHY DOES AN ASSOCIATE BROKER NOT KNOW THIS HIMSELF?
1 vote Thank Flag Link Mon Dec 9, 2013
Every day I find out something new, and then I tell myself "Now I know everything."
Flag Sun Mar 9, 2014
If the property can be purchased for the right price it's always a good time.

good luck
0 votes Thank Flag Link Sun Mar 9, 2014
It is always a god time to purchase if you buy in the right conditions.
0 votes Thank Flag Link Tue Dec 10, 2013
Remember Joseph, the investor is not just purchasing property , but ultimately they are purchasing income. It is the income that equates to the returns on their invested capital. If the investor has examined their risk, liquidity, and leverage, and is satisfied with the results than yes it is a good time.
0 votes Thank Flag Link Tue Dec 10, 2013
It's always a good time for investors, just depends on their expectations and the inventory available.

Chris
0 votes Thank Flag Link Mon Dec 9, 2013
And sell .
0 votes Thank Flag Link Mon Dec 9, 2013
Joseph it's not always a good time, but it is a good time right now. Property values are rising in most markets and with foreclosure and distressed sales in the marketplace, there is so much opportunity for investors, certainly more than what there was 7 or so years ago. It you have a few hundred thousand dollars, it's been your time to invest since 2009, and still is.

Even if you're thinking of financing a house and renting it. Prices are still low enough where the monthly rental works.

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Javier Meneses
Senior Loan Officer
NMLS #23130
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
jmeneses@snb.com
(516) 606-9648 Cell
(516) 740-4478 Office
(516) 918-5383 Fax
0 votes Thank Flag Link Mon Dec 9, 2013
I think it's always a good time for investors to buy real estate.
0 votes Thank Flag Link Sun Dec 8, 2013
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