Buying in this Investment Real Estate Market can be difficult if you don’t have the right people on your team. Rooftopinvestment.com does all the details needed for investors to be successful.
As an investor were do you start to look? There are a lot of investment realtors that know how to find the real estate. That is just one little part of investing. You still have to get the repairs taken care of and get and collect your income from your investment. Lets don’t forget about the marketing-maintenance-utilities-and little other details.
When we run the property management for our clients they are very happy with the results. The management of your property is so important when you look at the long term effects. The property management take care of all the details so you don’t have to. As an investor you just want the income and consider what will be your next investment might be.
You also need to make sure that the area your purchasing in you can afford and what you can expect in the future. For example are you buying it for a cash flow only? You might want to sale the property in the future? These are the things you need to consider before you purchase a property. This will help your achieve your end game on your property.
Also always use a Realtor and an escrow company or attorney to close all your real estate. This protects you and you will know it is done right. I see a lot of investors buying from individual wholesalers or property owners. They sometimes want you to pay them for the property outside of escrow. That is not a good idea at all. Always have a Realtor and escrow company or attorney involved with all your transactions. If the the seller isn’t welling to do that then you probably have a bad deal.
The last thing I want to talk about is get all your cost upfront on your purchase. My clients tell me what type of real estate they desire and we find it. They have a budget for their property upfront before they purchase. The rehab and purchase are all in front of them. We also have the rental amount and what they can expect for income monthly. 99.9% of the time it stays in that budget. This is sooooo important so you have enough money to finish and have a happy life. It also helps protect your other investment money that you have to be used for just that other investments.
Wow I think I have most of it. Remember buying Investment Real Estate doesn’t have to be difficult if you have all the information provided for you. Brett Young CEO Rooftopinesment.com