| Baby Boomers currently make up a tremendous | | | | return on an investment? There is no way to |
| portion of our population, with most of them | | | | truly know, but looking at the sheer number of |
| reaching retirement over the next 15 years. | | | | Boomers, it appears as if there should be at least |
| Research has shown that a big percentage of | | | | a 15 year period of favorable market |
| these Boomers plan to move away from their | | | | conditions.-For those looking to invest in this |
| current location, and are looking to move to areas | | | | Boomer market, but want to get in and out within |
| with warmer climates and a better level of living | | | | a couple of years brings up certain obstacles. To |
| (which is the Southwest and Southeast portions | | | | make this happen, the investor must make their |
| of the United States). Another factor involved is | | | | investment, and then have their property |
| that a large number of these Boomers are well | | | | suddenly in the eyes of the Boomers. This |
| off financially and have the needed money to | | | | requires the property to be marketed by |
| relocate and invest in a new home or even a | | | | someone else.-Remember, there are risks |
| second home.Armed with this knowledge, real | | | | involved when looking for a short term |
| estate investors can utilize it to their advantages. | | | | investment. When investing in the proper location, |
| Here are some items to remember before | | | | you allow yourself the option of selling early or |
| deciding on a new real estate investment | | | | holding on to the property for the long term.-The |
| property.-The best way to minimize risk it to | | | | best properties to invest in are the places you |
| invest in an area that Boomers will want to live in. | | | | would like to retire in. Is the property around |
| These of the most popular areas include Florida, | | | | amenities like golf courses, lakes, mountains, etc? |
| North Carolina and Arizona.-If you find and invest | | | | What is the climate like?This Baby Boomer |
| in a real estate opportunity in an area that you | | | | market is a unique opportunity, and one we |
| are confident will attract Boomers, hold on to it. | | | | believe will provide tremendous real estate |
| Even if prices drop, the demand the Boomers will | | | | investing opportunities for at least the next 15 |
| create will drive up the price of your investment | | | | years. |
| as the supply drops.-How long will it take to see a | | | | |