Investing in Real Estate in Salem, Oregon and the Mid-Willamette Valley
Investing in rental property or investment real estate is a great idea. In fact as the old saying goes, “don’t wait to buy real estate, buy real estate and wait”. Or in similar fashion, if the best time to buy real estate is 20 years ago, the next best time to buy is today. However, “where you buy” is very important. As everyone knows the oft repeated cliché in real estate circles, the 3 most important things about buying real estate, Location – Location – Location. This can not be stressed enough. So why does investing in the Salem, OR area make so much financial sense? Here are the top reasons why many investors see great wisdom in investing in rental property in Salem, OR. The fact that we are right off of THE major freeway I-5 makes commuting easy, goods and services find their way in and out with greater ease – a huge boost to the economy. Being a capital city also provides a stable base of good paying jobs with a bounty of government jobs. Not to mention the many prominent local, national and international companies that provide excellent jobs in the area, which again drives a robust economy. The ability to be in close proximity to the mountains and the sea are a huge attraction to young and old alike. The combination of all these factors make this area a very desirable place to live – which in turn make it a great place to own rental property.