| While most of us would love to have an extensive | | | | second homes because there are so many great |
| portfolio of investments, the reality is that most of us | | | | mortgage options. Second home buyers are able to |
| use our homes as our primary investment vehicle. And | | | | find an affordable Gilbert home, and yet still continue to |
| that's a good thing: real estate tends to be one of the | | | | pay their first mortgage. Add in the rental income from |
| safest and most reliable investment tools around - far | | | | the second property, and your mortgage may pay for |
| more predictable than stocks and bonds. | | | | itself. |
| Arizona is one of the best states for real estate | | | | The growing business climate encourages people to |
| investment. There are a number of cities and | | | | move to Gilbert. There are a variety of businesses |
| communities around Phoenix that have increased | | | | expanding operations to the Gilbert area, creating a |
| substantially in value and are still increasing. There are | | | | demand for rental housing. Whether you are |
| communities that are geared towards high-end | | | | considering a condominium or town house, or a single |
| investment, like Scottsdale, and then there are some | | | | family home, there will be a rental market. |
| communities that are more affordable, like Gilbert. | | | | When you factor in the appreciating values of the |
| Investing in these more affordable communities serves | | | | home, you could find yourself with an investment |
| a completely different purpose. For instance, Gilbert is | | | | property that doubles in value within 10 years. Family |
| a family friendly community. This community is built | | | | communities like Gilbert are very desirable; if you |
| around equestrian and hiking trails, golf courses, fishing | | | | decide to sell the property you are sure to find buyers. |
| and boating. There's a very active and growing | | | | Your first step to invest in Gilbert real estate is to |
| business community. | | | | discuss the situation with a qualified mortgage |
| Because Gilbert is so affordable, it's a great | | | | consultant. You'll find out just how affordable |
| community for investing, especially for people that may | | | | purchasing a second home can be. Next, sit down with |
| not have considered themselves as real estate | | | | a real estate agent and find out more about the |
| investors. More people are buying second homes for | | | | wonderful opportunities for homes in Gilbert. Before |
| investment than ever before. In fact, last year 40% of | | | | long you'll be watching your equity (and your |
| all home sales were for investment purposes. | | | | investment) grow. |
| In part, more people are able to afford to invest in | | | | |