Business
You’ve made the decision. You’ve watched property values decrease over the years and now it turns out they might just be back on their way up. Combined with ultra-low interest rates it just might be the right time to dip your toe in the rental market. But which is the better decision: a duplex or a single family residence? Remember guys, remaining focused is critical. Which area interests you the most – and why? Which type matches your personality, abilities, and skills? Your choice should “fit” you and, most importantly, it must have the potential of helping you reach your financial goals. Once you have determined which type of real estate will be your focus, study that market carefully – in remarkable detail – before making an offer. Gather as much pertinent information as possible, for example, fair market value of the property, recent sales in the area for similar properties (real estate comps), the maximum offer you are prepared to make, and have a logical estimate of expected rental income and immediate costs (renovations, repairs, etc.).LISTEN ON:ITUNES: https://apple.co/2UGqwiaSpotify: https://spoti.fi/2V1gOaOAndroid: http://bit.ly/2vn8PKtYoutube: Website: http://appraisersecrets.comInvestorComps e-Training Courseshttps://www.investorcomps.com/Have you looked at our InvestorComps e-Training Courses, and Real Estate Comps Data Packages? This winning combination gives you everything you need to be successful in Real Estate Investing...are you ready to take the first step on your new path to success and freedom?Leave your thoughts and let us know what else you want you are curious about or if you would like to suggest any topics for MJ to cover, and we can find the answers for you!To your success!