Buying Rental Properties In A Seller's Marketđ°đĄ
Why should you buy rental properties in todayâs market?!
– Rental property prices have significantly gone up
– Long term investment strategy!
– Hard asset
– Low interest rates
4 Quick Tips In Buying Investment Properties:
1) Knowing What You Want
– Turn-key (ready to go once you buy)
– Fixer upper (willing to put in some work on the house)
2) Finance or Cash?
– Most people are choosing finance over cash, giving you the opportunity to buy multiple properties while the interest rates are so low
3) Redefine A âGood Dealâ
– The investment market has changed a lot faster than a resale single family market has
4) Patience is a VIRTUE
-Working with agents like us helps! We are doing this all day every day and we know how to write a winning offer that the seller is going to choose!
– If you can find an off-market property, that will be the very best way for you to find an investment property only because once it hits the market thatâs when it turns into a biding war.
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