Mortgage rates are near all time low rates with 30 year terms. Rents have increased over the past two years while vacancy rates have decreased. People will always need a place to live.
Five year certificates of deposit earn around two percent but rental properties are yeilding eight to ten times more that that. Income properties that have benefitted dramatically in inflationary times.
Single family homes offer investors the opportunity to borrow large loan to value mortgages at fixed rates for long terms. Investing in rentals can provide stability, safety and higher rate of return on your money.
Lake of the Ozarks is one of the most beautiful destinations in Missouri. The Lake offers excellent boating, golf courses and shopping from personalized boutiques to one of the largest outlet mall in the midwest. The real estate market in Lake of the Ozarks is growing offering excellent opportunities for those looking at investing in Missouri Lake property. Call The Betty Ellerbroek Team RE/MAX Lake of the Ozarks for an expert evaluation on the current Real Estate market. 573-216-2020
Thursday, September 15, 2011
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