Many people often ask us if investing in rental property is a wise investment. For long term investment purposes real estate has long been a wise financial investment strategy for many people. Unfortunately the economy over the last 2 years has had a tremendous effect on folks and many of the effects are negative resulting in a record number of foreclosures and short sales. As a result of this misfortune there are a number of real estate opportunities that make purchasing a second home or an investment property doable when once before many people could not have afforded such an investment. This is a personal decision and one that folks have to give careful thought and consideration to before taking the plunge. We ourselves recently purchased a condo in Myrtle Beach that we are goi...
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