Prices of houses have dropped about one-third over the past five years and the overall rental market has strengthened.
There are a variety of real estate investment possibilities when buying rentals including commercial, multi-family, and single-family homes.
Warren Buffett recently made the following statement on Squawk Box on CNBC, “If I had a way of buying a couple hundred thousand single-family homes…I would load up on them.”
He went on to make more remarks concerning low interest rates, low prices and valid points regarding why he likes single-family homes. I applaud Mr. Buffett. He has an accurate picture of the housing market as an overall investment platform. He also remarked that, “single-family homes are cheap now.”
I agree. Today’s real estate market is the best market opportunity of our generation. More real estate wealth will be made now than any time in recent history.
What is holding you back from investing in rental property? If you said tenants, then this next wealth-building opportunity is perfect for you.