what to consider before investing in real estate
TRANSCRIPT
WHAT TO CONSIDERBEFORE INVESTING IN
REAL ESTATE
Making a rea l estate investment i s a lwaysa great choice , however , people are
usual ly faced wi th so many quest ionsthat they might be potent ia l ly deterred
from making such an investment . So le t ’ sd iscuss severa l factors that you should
cons ider before making such a major dec is ion
THE MARKET YOU’REBUYING IN
Carefu l ly ana lyz ing the ne ighborhoodyour potent ia l property i s located in i sp ivota lWhat does the future hold for th is c i tyor reg ionHow wi l l i t a f fect your property ’ spr ice/va lue should you dec ide to se l l i tI t i s a lso important to keep a c lose eyeon deve loping area ’s nearby
Return OnInvestmentIt’s only wise to invest in a property
that will give you a high return on
your investment. Do not avoid
properties simply because they are
in need of some renovations, as the
flaws will help you buy cheap and
sell high after renovating
H a v i n g a b u d g e t c a n h e l p y o ur e s i s t t h e t e m p t a t i o n t o s p e n db e y o n d y o u r m e a n sB y c o n s c i o u s l y p l a n n i n g t h em o n e y y o u c a n a f f o r d t o s p e n do n p r o p e r t y y o u w i l l b e a b l e t om a k e a s u c c e s s f u l i n v e s t m e n ta n d a v o i d f u t u r e l o s s e sA s y o u p l a n t h e b u d g e tr e m e m b e r t h a t m o s t e x p e n s i v ed o e s n o t a l w a y s e q u a l t o t h eb e s t q u a l i t yI n l i g h t o f t h i s , y o u s h o u l dp r e p a r e y o u r b u d g e t a r o u n do t h e r f a c t o r s t h a t w o u l d m a k et h e p r o p e r t y a p p e a l i n g t o y o u
YourBudget
WHAT TYPE OFLOANS DO YOUNEED?
As you prepare the budget, you maydiscover that your funds are notsufficient to cater to the investmentThis calls for loans that enable youbuy the property you’re attracted toBefore approaching the bankhowever, pause to consider whichtype of loan is ideal for youMake sure to look around for thebest deal to avoid payingunnecessarily high interest rates,premiums or processing fees
ESTABLISHED ORUNDERCONSTRUCTION
As a new investor there is alwaysthe choice of buying a property thatis seasoned or established as well asone that is still being builtThe latter provides options tocustomize, attractive pricing as wellas clear titlesEstablished buildings may also bequite expensive but you’ll often findcomfort in the neighborhood theyare located inRemember, you will still need tolook a little deeper into ownershipand legal affairs
REAL ESTATEAGENTS(1/2)
You should consider the assistance ofa real estate agent to help guide youthrough this processThe biggest advantage of having areal estate agent in your corner isthat they understand all the legaljargon involved in the delicateinvestment property process as wellThis will only help you make the idealchoice without the risk of buying aproperty that’s entangled in legaltussles
REAL ESTATEAGENTS(2/2)
Real estate is a great way to investand protect your wealth but that isonly possible if you make carefulconsiderations before appendingyour signature to the sales documentThis keeps you safe fromunscrupulous dealers while ensuringthat you get the highest returns inthe long termYou must get a clear understandingof the landscape to gain moreconfidence in the property you wantto buy and hope to sell in future
WANT TO LEARN MORECHAT WITH DAN!
(562) 270-5812
HTTP://EPIREALESTATE.BIZ/
WHAT TO CONSIDERBEFORE INVESTING IN
REAL ESTATE