Equitable Investments

Investing in Areas With Rising Rents

Posted on July 21, 2007. Filed under: Equitable Investments, Nationwide Markets, Out of Town Buyers |

Rents are up 2% in both New York and Seattle, where sales have remained strong this year.

However, in many “bubble markets” that once saw new investors quitting their jobs and “flipping properties,” adjustable rate interest mortages are rising, and they are all lowering their rental rates to outcompete each other.

This seems to be the case in Palm Beach, where rents declined 0.5% in the second quarter. “In Florida, so many apartment buildings were converted to condos over the course of the housing boom that there’s now a large shadow inventory, or shadow market [of condos being rented out],”  (Source: Business Week; July 18, 2007)

However, if rents keep rising and prices keep falling (and the NAR says the national median existing-home price will slip 1.4% this year, to $218,800), fearful buyers could slowly become bargain hunters. Investors: would you like to see the 10 cities where Business Week says rents are rising the fastest? Click here.

Interested in investing in areas where rents are still low but rising? Business Week Magazing has outlines the biggest metro areas with the lowest rental rates which have rising trends.

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10 Housing Markets Projected to Rise

Posted on July 14, 2007. Filed under: Equitable Investments, Nationwide Markets |

A December 2006 study published by Fortune Magazine reports ten housing markets which are predicted to rise through 2007, and into 2008. Four of the hottest U.S. home markets forecast for next year are in Texas. Also on the list are two markets in upstate New York — Syracuse and Rochester, as well as Albuquerque, New Mexico.

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Wouldn’t You Prefer to Have a Deal Handed to You?

Posted on July 14, 2007. Filed under: Equitable Investments |

And experience return backed by real estate without cold calls, negotiation and mastery? Real estate partnerships develop when one party finds the deal, develops the offer, writes the  contract, calculates the numbers and manages the timeline of the transaction and perhaps even the resale.

The other investor generally provides access to capital,  or may include skills such as contractor services or valuable in inspection and rehab.  

An unlikely real estate partner might be one rich in contacts. They may bring developed relationships with foreclosure REO brokers. They may be skilled communicators who develop private equity lenders, astute project managers or commercial developers.

Which brings us to an interesting question: what would you do with the money, once you had it?    

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