Friday, January 16, 2009

Would Rochester Be a Good Place to Invest in Your First Piece of Real Estate?

View Rochester MN Real Estate Listings. You can modify the search to see all types of listings. Data is obtained from the SouthEast Minnesota Association of REALTORS. Please call me for more comprehensive listing information and sales data at (507) 280-8000. Do you have special needs? Ask for a personalized dataset of Rochester MN MLS listings.

Would Rochester Be a Good Place to Invest in Your First Piece of Real Estate?
Named “Best Small City” in America by Money Magazine, Rochester has received similar accolades from other prestigious national publications. Small wonder! The city offers a clean environment, excellent municipal services, and a school system with a great reputation. The economy? Well, consider this: Rochester is home to the Mayo Clinic, which provides the majority of jobs for the residents. Countless numbers of people from all over the world have been treated here. They keep coming in mulitudes. On top of that, the city is home to the largest IBM complex under one roof. Will the economy continue to grow? No one really has a crystal ball, so I can’t make an iron-clad forecast. But I would bet money on the future of Rochester Minnesota.
Taking all of that into consideration, the smart money will be invested in Rochester MN real estate. After all, that’s what your landlord did. Actually, your rent is paying for his housing. You are paying for the profits on his investment. That’s probably what you will be thinking about when you grit your teeth and write that next rent check. Why not invest in your own piece of Rochester MN real estate instead of your landlord’s property? Maybe you can’t afford your dream home right now. But if you want one in the future, get into a Rochester MN starter home now. That’s probably what all those luxury home owners did a few years ago.
The net cost of ownership is probably less than what you pay now, considering the tax benefits and equity gains. There are plenty of excellent starter homes out there on the Rochester MN MLS. You can get everything from major fixer-uppers to some that are in excellent shape.

Isn’t it time to kiss your landlord goodbye?

Call me for more information on Rochester MN real estate.

(507) 280-8000

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