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Things to consider in choosing your investment

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Author Topic: Things to consider in choosing your investment  (Read 713 times)
Solanki
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« on: July 13, 2009, 09:29:51 AM »
Understanding real estate investment is crucial because it usually involves a substantial investment and a long-term one. Moreover , the real estate market can be unpredictable. This is particularly important when one goes beyond buying a home to actually “investing” in real estate. There are a number of ways in which an investor can participate in the real estate market.
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Kenny
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« Reply #1 on: July 17, 2009, 02:04:57 AM »
3 things to consider in choosing your investment:

1.where to invest- house,lot,real state
2.place-should have a friendly community ,beautiful sceneries
3.budget-affordable
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johnnyloans
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« Reply #2 on: August 28, 2009, 02:08:04 PM »
How long do you plan to hold on to it? Buy and hold? Purchase,fix, and flip??
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heidrek
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« Reply #3 on: November 16, 2009, 02:04:33 PM »
What sort of rental income can you expect?  How much of the mortgage payment will you have to stomach?

What sort of tenants can you expect to get?  Is it a good/safe area?  Are they likely to damage your property?

How much is insurance going to cost you?

Do you plan on managing the property yourself or employing a property manager?  How much do they costs and can you afford the reduced income?

If your tenants took off, how long could you afford to pay the mortgage in full by yourself?
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