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Real Estate Tips
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.

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Real Estate Trivia
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Which famous skilled mason laid the cornerstone of the Capitol Building in Washington, D.C. in 1793?

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George Washington, the first President of the United States.
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ERA Justin Realty, REALTOR®, real estate agent and broker for Rutherford, Lyndhurst, East Rutherford and Wood-Ridge, New Jersey home listings, property and land for sale - NUMBER1EXPERT

ERA Justin Realty

118 Jackson Ave.
Rutherford, NJ 07070
201-939-7500
Fax: 201-939-0006
erajustinrealty@NUMBER1EXPERT.com

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