For more information on this subject please read the linked article.
What do Real Estate Investors Looks for in a Property on Investopedia: http://www.investopedia.com/ask/answers/100214/what-do-real-estate-investors-look-property.asp
Real Estate investing is one of those things that takes a little experience to see past the dirty carpet or holes in drywall. I know it takes looking at properties and working with your team to determine what is the best property for you and what fits your tolerance for risk. Warren Buffett said "You have to learn to become an investor if you want to become wealthy". This quote is VERY accurate because #1 if you never throw a pass you will never score a touchdown so you have to take a chance. Any investment that has a significant upside will have risk but you need to learn to manage those risks in your strategy. Try not to buy sign unseen, working with a realtor and contractor that can also give you professional opinions of repairs etc. #2 is that you never stop learning. The market conditions are always going to be changing and so should your strategy. We ALWAYS recommend working with an experienced realtor to get insight about the marketplace. And an experienced realtor can gauge a good market value based off comps and recent sales.
Warren Buffett also said "Never depend on a single income. Make investment to create a second one". This is why we believe in our model to help families achieve financial freedom. Our advice is to develop a strategy you are comfortable with and go with it. We can help guide fair rental rates so you can know a rate of return on your rental property investment. At 865 Properties we will manage the property day to day so you can work your 9-5 job or do what it is you do best and we will manage your property so its an asset in your investment portfolio. Your time is more than likely your most valuable asset so we place a fixed cost on our management and you can be free to spend more time with your family or work your day job etc. We also offer different management packages based on the level you want to be involved. Some want to do their own repairs while others simply want us to handle everything. We are happy to do both and will work hard to achieve the results and expectations of our customers. Please stop by our website for more information about 865 Properties - Property Management and how we can help you.
www.865Properties.com
