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Real Estate Tips
Investment Real Estate >Investment Real Estate

While it is impossible to predict what a particular house will be worth at any point in the future, single family homes have a track record of being excellent investments. If you want to take the plunge, what should you look for in an investment property?

Location is the prime factor. A great location will make a property easier to rent or sell later on for top dollar. You should also consider the cash flow situation. It is often difficult to break even or show a profit from your rental income for the first few years of owning a property. Assuming the property will appreciate as you own it, you should consider the potential amount of equity you will build up each year. If you are planning to become a landlord, it is a good idea to consult a real estate agent and an accountant to help make sure that your decision to purchase investment real estate is an informed one.

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Real Estate Trivia
Q 
From 1974 to 1996, what was the world's tallest habitable building?

A 
The Sears Towers, headquarters for Sears, Roebuck & Co., with 110 stories and 1,454 feet high.
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Kathy Papola, REALTOR®, real estate agent and broker for Nevada City, Grass Valley and Penn Valley, California home listings, property and land for sale - NUMBER1EXPERT

Kathy Papola
Network Real Estate

167 S. Auburn St.
Grass Valley, CA 95945
530-271-3815
Fax: 530-271-3826
kathypapola@NUMBER1EXPERT.com


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