When the economy is crumbling all around us, and cash is hard to come by, real estate is still the most reliable investment you can make.
Property, and buildings, will always have value no matter what the economy is like.
This is why so many people take risks when buying real estate, because they know it can pay off handsomely in the future. This is exactly what drew me to the market of Jacksonville real estate. This city keeps growing by leaps and bounds every year, and real estate and poetry values have incredible growth potential. I started a little venture called We Buy Houses, and hired a rental management team to set up a small office in downtown Jax. Since the economy is doing so poorly, more people are renting real estate than purchasing it. It also means the sales market for people trying to sell their homes in NE Florida is very busy currently. It is what they call a “buyer’s market” so I mobilized We Buy Houses to start picking up properties in Jacksonville for below market value. Once I buy a new house I have a renovation team clean it up, then I turn it over to my Jacksonville real estate team to put it on the market as a rental property. By paying cash for houses I have collected twenty different rental homes over the last two years. Investing in real estate has been one of the smartest decisions I’ve ever made, and even now the Jacksonville property values continue to rise, so the future looks bright.