Monday, January 23, 2017

Real Estate Investing 101: 4 Tips For Owning Paradise

  We are in the beginning of a new year where we see a strong interest in buying investment properties. For investors, closing on a vacation rental by the beginning of May is a high priority. The so-called "100 days of summer" from Memorial Day to Labor Day ushers in peak rental season: highest rental income potential.

  Are you considering adding to your real estate holdings as a means to accrue wealth while enjoying home ownership in paradise? Jay and I have a few suggestions for you:

1. Remember the most important factor is your location. Consider an up-and-coming location that has a good chance at appreciating because of demand. Simply put: Real estate is driven by supply and demand.  

2. Ascertain the market trend for the area. Look at an area’s history as well as what is planned in the future. Then construct some well-informed projections. Explore our web site to see the most up-to-date info on market trends. 

3. If financing, consult with at least two lenders. Select the lender who is responsive and takes the time to talk with you and answers all questions to your satisfaction.

4. Set your goals. List your hot buttons. Know the inventory. Then you will be able to make an educated decision on your investment.

  We are here as your real estate investment consultants. We will help you maneuver the investing terrain. Helping you investigate your options and plan your strategy is our job. A job we love and take seriously. Let us know how we can help you.

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