Holtz Realty

With there becoming a greater shortage of well cared for homes for rent in Mason City these past several years, I have come to the conclusion that this would be a great time for people to start investing in perhaps one or two single family homes here to compliment their long term investment strategies. If any of you would do a calculation on what your interest rate and subsequent payment would be on a investment grade mortgage, you would soon see the difference in payment versus yearly rental income. Certificates of Deposit are at nearly an all time low, stocks and bonds are good but you succumb to the whims of the quick rise and fall of the stock and bond market. Perhaps it would be better not to keep all your eggs in one basket. Wouldn’t it be better to have an equal percentage of your assets in cash, real estate and stocks or bonds? It sort of reminds me of the “working farm” mentality. When eggs were down, perhaps milk was up, or beef was down and grain was up. There always seemed to be a balance. There are some really good buys in Mason City that would make a good first investment property. Wasn’t it Mark Twain that said, “Buy real estate, God only made so much of it”.