The current real estate market lends itself to some absolutely unbeatable deals. With an abundance of foreclosure properties on the market and low home prices, it is more than obvious that now is the perfect time to invest in real estate-especially with news of real estate market recovery underway.

According to ForeclosureHomesOnSale.com. you should investigate everything from foreclosure buying patterns to finding the best lender when investing in foreclosures.

The question no longer is now the time to invest or how do I invest in foreclosures, but is instead where is the best place to invest?

Choosing Where to Invest

When choosing where to invest, you should definitely take a look at the local real estate market. For example, a home in a city with a progressing real estate market may be a better investment than purchasing in a location with a real estate market that is not showing signs of progress.

Along with checking out the local real estate market stability, it is also essential to take into consideration the surrounding location. What is the neighborhood like? How good is the school district? What are some nearby attractions?

The answers to these questions could help increase your ability to sell the property you are considering purchasing or could decrease your ability to sell the home; therefore, make sure you carefully analyze the surrounding location before making the purchase.

Look for College Towns

Along with surrounding attractions and local real estate market stability, investors should also pay close attention to college towns. Purchasing real estate in college towns and turning them into rental properties for college students is a new trend that is definitely on the upswing.

Investors who are interested in investing in college towns are taking advantage of the low home prices and the rental demand that consumes college towns.

Lets look at a quick example of the endless opportunities in college towns. Imagine you purchase a home in Pittsburg, Pennsylvania for $150,000. If you take advantage of the incredibly low interest rates and make a 20% down payment on the property, then your mortgage payment should be less than $600. If you rent out each bedroom in the house, you could potentially bring in $1,200 per month, providing you with a profit of $600 each month.

In the end, the question is no longer when should I invest in real estate and is now where should I invest. If you are looking to purchase real estate and rent out properties for a return on your investment, then college towns very well may be your best bet.