https://youtu.be/yAJBjORP-cQ <-- Click or paste to watch videoMany of my clients are looking for investment properties, so today I’ll provide you all some tips about how to be a
3 TIPS FOR SUCCESSFUL REAL ESTATE INVESTMENT
https://youtu.be/yAJBjORP-cQ <-- Click or paste to watch video
Buying a home? Click here to perform a full home search
Check out and subscribe to my YouTube channel!
Since many of my clients are looking to become real estate investors, today I thought I’d share a few tips regarding what it takes to be successful if you make the decision to invest.
1. Know what it means to get a good deal. It’s not just about getting the right price; some people see a property with a low price and think of it as a great way to make money. Besides negotiating a good deal on price, you should also look at whether that property is located in an appreciating area. A good investment property is one located where there are jobs available, there’s a good rental market, and where the economy, in general, is on an incline.
2. Have an exit strategy. Just like with stock, when you’re going into a real estate investment, you want to buy low and sell high. If you intend to hold onto the property for one year, your plan should be different from one in which you plan to hold the property for, say, 20 years. Having a plan before you make the investment will help you think about important things such as whether the property will provide you with monthly cash flow or whether it will appreciate over long periods of time. Your exit strategy will make sure that you’re buying the correct property per your goals.
If you have any questions or comments about investing in real estate, please feel free to reach out to us. We look forward to hearing from you!
Looking for guidance regarding your next real estate transaction? Want a proven roadmap of how to thrive in today's real estate market with a systematic approach to buying or selling your hom....
Latest Blog Posts
5 Reasons That Real Estate Transactions Fall ApartCLICK OR PASTE LINK BELOWhttps://youtu.be/dK6lKKRXp14Real estate deals fall apart for many different reasons. Here are five of the most common.
A Strategy to Help You Find the Right Home at the Right PriceClick Video Link HereIf you’re a home buyer, I have a strategy you can follow that will allow you to take advantage of our current