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Investment Real Estate >Investment Real Estate
While it is impossible to predict what a particular house will be worth at any point in the future, single family homes have a track record of being excellent investments. If you want to take the plunge, what should you look for in an investment property?
Location is the prime factor. A great location will make a property easier to rent or sell later on for top dollar. You should also consider the cash flow situation. It is often difficult to break even or show a profit from your rental income for the first few years of owning a property. Assuming the property will appreciate as you own it, you should consider the potential amount of equity you will build up each year. If you are planning to become a landlord, it is a good idea to consult a real estate agent and an accountant to help make sure that your decision to purchase investment real estate is an informed one.
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In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
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Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
 See More Real Estate Trivia > |
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The Kelly Holmquist Team
Keller Williams Towne Square Realty
59 East Mill Road
Long Valley, NJ 07853
Cell: 908-451-4676
Fax: 908-946-0211
Office: 908-867-7109
KellyHolmquist@NUMBER1EXPERT.com
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