Name

Name

Laura G. Medina

Personal details

Location

Yuma, AZ

Web

http://www.fasthomeofferutah.com

Short Bio

Look for properties that you can raise the value level in without spending a great deal of cash. Remember that good location is a plus when it comes to excellent resale value. As time goes on, you will get better at estimating how much the value of a property will increase by. The rent you collect should cover just about all of the mortgage you pay. This will help to insure that you are buying a good investment. It is really bad when your monthly mortgage payment is not covered because the rental payment is not enough. When figuring out a home's value, consider how easy it would be to rent it out. This can allow you to make thousands of dollars during the course of the year from people who are staying in your place. Eventually, you can sell the property for even more money overall. Don't buy property in a bad neighborhood. Location is a crucial part of the investment process. Make sure to do research. If the price of a home looks too good to be true, it probably is. This can lead to problems down the road when trying to sell the property. Be very patient when beginning. Understand that real estate deals may take a long time. Perhaps no great properties are on the market, or the terms just weren't right. Don't get anxious and invest in less than perfect scenarios. It's a waste of time and money to go after the wrong deal. Stay patient as the right deal will eventually come.

History

Member for

7 years 11 months