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Things to Consider Before Investing in Real Estate

Prairie Eco-Thrifter

Real estate is a great investment, because as Teddy Roosovelt once said “you should buy land; they’ve stopped making it.” But like any good investor, you need to realize a few important points before jumping into the often confusing real estate market. Real estate is a highly localized investment.

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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We planned to rent out the property and thought it would rent quite a few days of the year. We planned our purchase in the heady days just prior to the recession of 2008/2009. Generate an income stream.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. The FDIC shows the US national average payout for savings accounts less than $100,000 is.06%.

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