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Bargain Properties >Tips for First Time Investors
When starting out as a real estate investor, you can choose either the conservative approach of holding a property until it increases in value or the riskier approach of "flipping" - reselling very soon after making some improvements that add value. If you plan on taking the safer approach, keep the following factors in mind when searching for the right investment property.
Look for a house or apartment unit that is close to where you live, so inspecting the property and overseeing maintenance will be easier. Choose an area where there is clear potential for future development, and you will benefit from the inevitable increase in property values. If you have the choice of either buying a newly built or recently remodeled home or a less expensive house in the same neighborhood that needs a cosmetic makeover, buy the bargain property and upgrade it for a better long-term return on your investment.
What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
A
New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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"Team Werling" - Paul & Karen Werling Prudental Chaplin Williams Realty 5472 First Coast Hwy., Ste 1 Fernandina Bch., FL 32034 Direct Line: 1-866-437-8505 Office: 1-904-261-9311 Fax: 1-904-277-4886 Cell: 1-904-556-9549 Karenwerling@bellsouth.net Pwerling@bellsouth.net
Paul and Karen Werling have been in the real estate and mortgage lending profession for thirty years and they feel that before you put your trust and confidence in them as your Real Estate Agents, it is important for you to be familiar with their "Team", their qualifications and experiences in their profession. Both of the Werlings are Graduates of the Real Estate Institute and regularly attend classes to stay abreast of changes in their profession. Combined, their designations include Investment & Analysis Real Estate Certificate from the Commercial Investment Real Estate Institute, the "Senior's Real Estate Specialists" and "Certified Residential Specialists" and Mortgage Certification. They have a full support group, which includes two licensed REALTOR/partners, accountant, financial planner, and a mortgage lender. With PRUDENTIAL offices located throughout the state, Buyers and Sellers can be assured that:
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