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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.

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Real Estate Trivia
Q 
Over what famous building is aircraft forbidden to fly at any time?

A 
No aircraft is permitted to fly over the Taj Mahal in India.
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Bill Cullin, REALTORŪ, real estate agent and broker for Lewes, Rehoboth Beach, Bethany Beach and Dewey Beach, Delaware home listings, property and land for sale

Bill Cullin
Long & Foster Real Estate Inc

37156 Rehoboth Avenue Ext
Rehoboth Beach, DE 19971
Mobile: (302) 841-7147
Fax: (302) 227-8165
Office: (302) 227-2541
Toll Free: (800) 462-3224 Ext. 117
Email: bill.cullin@longandfoster.com

Call or Email Anytime. I will respond.

MLS Equal Housing REALTOR


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