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Lofts seem so right, but yet so wrong

Everybody wants to live in a loft downtown! We can charge high rents for a 600 sft. loft in downtown! I am going to invest in lofts downtown and cash flow will be great!

All of these comments I think will get you in trouble. Lofts were the originated to have artists work and live in at the same time. How many artists can you have? I see everyday lofts sitting and people are not renting them. Investing in single family homes, even in less than desirable areas is a better investment.

Sidney Poritz

sporitz@homepointe.com

916-429-1205 ext. 800

Posted Wednesday May 27