Ripe For the Picking

Ripe For The Picking

By: Nicholas A. Dunlap, CPM

A new year brings new resolutions both in our personal and professional lives and something about 2011 just feels better. The way our economy has been functioning of late, the generally upbeat and optimistic consumer outlook and the fact jobs are being added to the marketplace signify that we are starting off on the right foot for the first time in recent years. And although things are not perfect, we at least know that we are headed in the right direction.

While it might not be the case in California, economic growth is occurring elsewhere in the Southwest Region. For those with equity to deploy, now is an excellent time to capitalize on the opportunities in the SFR to 2, 3 or 4-plex market in the Southern California area where there is still an excess of lender owned assets available at significant discounts. For those looking for greater returns through group investments or equity partnerships, Arizona, Texas and Nevada have become ripe for the picking.

To read some of the great news out of Texas, click here: