I recently listed a condo as a short sale in North Miami Beach and, when I started working on the comps, I was actually amazed by what I found. The search results on Realist.com included 12 other 1+1 condos in move-in condition, all of them under $30,000. I listed it for $25,000 (http://tiny.cc/hjw2b). With a low HOA fee under $150 per month, this condo offers an unbelievable investment opportunity with definite positive cash flow potential. This type of investment opportunity would have been impossible to find just a short time ago.

Soon thereafter, I listed a 1+2 condo in Century Village, a prestigious retirement community in Boca Raton with all the amenities anyone could want or need and the same thing happened there. The comps were under $30K. I listed it for $26,650 (http://tiny.cc/hjw2b). Someone could write a check from their savings or move funds from their 401K into a self directed RIT and assure themselves of a very nice retirement.

In both cases, that was almost exactly what those properties sold for almost 30 years ago.

These turned out to be just two examples, more recent listings include a recently remodeled duplex listed for $45,500 (http://tiny.cc/hjw2b) and a 3+1 with two efficiencies (all leased) for $52,632 (http://tiny.cc/hjw2b).

I have found that I go out and pretty much get as many of these types of listings as I want using our exclusive marketing tools.

Clearly this has to be the most affordable it's been in the last 30 years for the first time buyer and small independent investor to get into the market,. For those looking for a way to acquire property for their primary residence or retirement, now is the time to take advantage of this unique combination of low prices and interest rates.