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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.
Nancy Clark Prudential Snyder & Company Realtors 2655 Plymouth Road Ann Arbor, MI. 48105 734-604-1779 734-276-2642 734-747-7500 Fax: 734-747-6811 Email: nancyclark@NUMBER1EXPERT.com
If you are considering the sale or purchase of property in the Greater Ann Arbor area, call Nancy Clark. Nancy uses the latest technology and offers consumers the only “Virtual Office Website” in the area. She has high professional standards and offers comprehensive and reliable service. Nancy will be your trusted real estate advisor, helping you implement a plan to accomplish your goals. She is directly involved with her clients, pays attention to details and has strong negotiating skills. Her goal is to help you find the ideal property and to negotiate the best terms. She will provide you with the information you need to make the right decision on purchasing or selling your home. Her goal is to maximize your investment and help you make good real estate decisions. Nancy has consistently been a top producer during her 12 years in real estate. She is a Certified Residential Specialist, an Accredited Buyer’s Representative and holds a Fine Homes Specialist designation from Prudential Real Estate.
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