Jeff in SF Chronicle: “Investors Rushing Into Real Estate Deals”
In real estate, it is
unusual for “experts” to agree on what the best type of investments are at any
given point in time and when is a good time to invest. However, most experts
seem to agree that, at least for now, one particular type of investment is sound
and, for a limited time, it is a “good” time to buy that type of investment.
What is it and how short is the window of opportunity?
In last Sunday’s San Francisco Chronicle, there was a good story discussing these questions and more, in which Jeff was quoted. Here’s an excerpt:
“There is a tsunami of money coming into the market, billions of dollars to buy distressed single-family homes,” said Jeff Lerman, a San Rafael real estate lawyer, speaking about the national landscape. “The window of opportunity is rapidly closing (as prices rise). Over the next 18 months, profit margins in single-family opportunistic buying will be compressed quite a bit.”
Click here to read the rest of that story now….