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With lost confidence in the
market and interest rates many investors are turning
to real estate.
Baby-Boomers net worth has increased nicely over
the past two years thanks to rising home values
and with weakness in the economy keeping mortgage
rates at bay some housing markets are the healthiest
they have been in years.
Investing real estate is a viable option because
of these factors but it can be tricky business.
Property Sales and Acquisitions can help you every
step of the way. Here are a few things to keep
in mind.
As first time investors look for areas you know
well. Whether you are a first timer or a seasoned
investor PS&A can help scout out foreclosed
homes, HUD’s, VA’s.
If you are buying a home to rent banks can be
more stringent. When you estimate the income stream
on a property don’t forget to factor in
property taxes and insurance and any other expenses
that need to be considered in determining profitability.
Need help managing your properties? No problem!
Give @ Real Estate.net a call
and discuss our property management options.
If you want to sell your investment property
but aren’t ready to get out of the real
estate business @ Real Estate.net
can assist you in using a tax-deferred exchange
known as 1031. The advice of an accountant is
recommended in this process.
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