
Hoping to save some money, my husband and I tried finding a home on our own. Big mistake! Bob and Mary Gordon, Vergennes, Vermont Read Quote > View All Quotes >
|
Compare three mortgages
at one time. Download TripleCalc now. It's free.
|
The Lynn Jackson Group are some
of The Top Selling Real Estate Experts Find Out More > |
|
|
 |
Please Sign Up For The Latest Listings and the Latest Real Estate News
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.
|
| Q |
What land did the U.S. Government buy for $7.2 million?
|
| A |
The U.S. bought all of Russian America (Alaska) from the Russian Czar in March 1867. |
See More Real Estate Trivia > |
|
|
|
|