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First Time Real Estate Investor (Part 1)

Now is the perfect time to begin investing in real estate.  Many buyers are sitting on the fence waiting for things to change and talk about how our market is “down.”  In reality, you now have more negotiating power than ever.

If you are a new investor starting out, I recommend starting small.

Duplexes and Mother-in-Law apartments are a great beginning.  They allow you to live on one side and keep an eye on the premises while generating income at the same time.  Of course, there are drawbacks to this set-up.  Continue reading “First Time Real Estate Investor (Part 1)”
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First Time Real Estate Investor: Good Rental (Part 2)

So, you’ve decided it’s time to purchase an investment property.  How do you know if it’s a good rental?

There are a couple basic items to consider when looking at an investment property.  Just like in real estate, rentals are about location, location, location!

If you are considering a full-time rental property, is it close to schools, shopping or allow for easy commuting?  If you are looking at a vacation rental, what is the draw for that area and why do people visit?  Is there a golf course, beach or another attraction that brings people to the neighborhood consistently?  Even a retirement community?  Find out what it is and utilize that. Continue reading “First Time Real Estate Investor: Good Rental (Part 2)”