As a Realtor and investor myself, I want to share a couple of things if you are considering becoming an investor in today's market.
First, think smart --if it sounds to good to be true, it probably is!" Just because it seems like a bargain, do your homework on the property. You will be glad you did.
Investing in Real Estate can net 9-10% more than stocks so consider what you expect to achieve.
Rental properties should rent for approximately 1% of the purchase price. Check your local market to be sure other properties on the market are comparable.
Consider auctions, estate sales and banks sales as prices are usually below market value!
Not interested in property management? Consider a tract of land with possibility of future development or commercial use.
Just a few general points to consider before you buy. Call me for more information and deals suitable for investing. With my skills and experience I can help you get the most for your money!
Tuesday, March 24, 2009
Thinking of Investing in Real Estate?
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