Are you ready to buy an investment property in DFW? Here are some things to consider.
Choosing the right property at the right price:
Investing in real estate is all about capital growth, so choosing a property that will create a steady rental income and increase in value is the most important decision you will make.
Check the job market:
Locations with growing employment opportunities will attract more people – meaning more tenants.
What age should you look for?
Stick with properties under 10 years old. With older houses - appliance and structural issues start to appear.
What is the optimal square footage?
Single family homes between 1,500 to 2,000 sq. ft. are the best investment you can make in the current market.
What should you look for in location?
Look for a property near major highways, good schools and area experiencing growth in development and jobs. The quality of the neighborhood in which you buy will influence the types of tenants you attract and how often you face vacancies.
What are the Property Taxes?
As an investor planning to make money from rent, you want to be aware of how much you will be losing to taxes.
Look for a property for what it can be, not what it is.
You have to look past the cracked paint and overgrown landscaping to score a great deal.
What is the crime rate?
Check online the accurate vandalism rates and crime statistics for the neighborhood.
For more info and tips - call Mali Gariani with JP and Associates REALTORS today. Mali specializes in residential real estate investments. Mali is a simple straight forward and bottom line type of person –that is the reason all the blogs will be easy to read .Looking at buying or selling real estate, call or text Mali any time: 972-408-6939
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Author:Seana Taylor Phone: 940-337-1821 Dated: January 3rd 2016 Views: 1,460 About Seana: Seana is a native Texan and has lived all over the Lone Star State. She & her family now call Frisco...
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
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