Several factors in the real estate market have come together to make this an attractive time to add income property to your portfolio. They are:

Low Rates - How long will they remain this low?

High Inventory - You have a broad choice.

High Commissions - 4% and 5% is not unusual; some are higher.

Money Back Incentives - These may include 12 to 24 months of payments, HOA fees, and money for furnishings, upgrades, etc.

Since inventory is high, the investor should consider options carefully. Locations near a growing university, a military base, or a vacation site that allows short terms rentals are likely candidates for a good return on investment. Clean landscaping, where there is space between shrubs and the building, is a clue to good maintenance. Simple hip rooflines mean less maintenance costs than heavily gabled architecture. Cement block construction through upper stories generally means greater durability and soundproofing. A good look at the HOA budget for reserve funds and special assessments may provide considerable insight to the worthiness of the investment.

At newconseach.com, we see attractive opportunities among many postings. You can find them in a number of ways. After choosing a market area, go to the STATUS button and choose “Rental Conversion” for possible postings (113 projects presently in the system). Or, you may start with the Google Map, found at the top of any detail page, and drag it around the vicinity of your favorite university, military base, or resort area to explore any kind of suitable property.

newconsearch.com is posting new vacation developments in a host of attractive resort locations. Look for more postings under the STYLE “Vacation Home” or “Fractional Ownership” or “ Hotel Condos” for more investment opportunities.