There’s More to Owning Rental Property Than Location
Date: July 27, 2011
If
you’re thinking about purchasing rental property, physicians are well
positioned to take advantage of this market, according to Alan Wynne, an
attorney with EpsteinBeckerGreen.
“Physicians have a little bit more income in terms of making an investment, and their portfolio is going to be a little more sophisticated, so real estate is a way to diversify that investment portfolio,” Wynne says.
And given the current real estate market, it’s a good time to buy.
“If the real estate market were K-Mart, it would be a blue light special,” says Michael McCreary, CPM, MPM, president of McCreary Realty. “There are bargains galore to be had. You just have to pick and choose wisely.”
http://www.physiciansmoneydigest.com/blogs/financial-health-check-up/07-2011/Theres-More-to-Owning-Rental-Property-Than-Location
“Physicians have a little bit more income in terms of making an investment, and their portfolio is going to be a little more sophisticated, so real estate is a way to diversify that investment portfolio,” Wynne says.
And given the current real estate market, it’s a good time to buy.
“If the real estate market were K-Mart, it would be a blue light special,” says Michael McCreary, CPM, MPM, president of McCreary Realty. “There are bargains galore to be had. You just have to pick and choose wisely.”
http://www.physiciansmoneydigest.com/blogs/financial-health-check-up/07-2011/Theres-More-to-Owning-Rental-Property-Than-Location