Rental properties of one to four units are both a good choice for many of today's investors, and a good area of specialization for many of today's real estate professionals.
Why rental properties? For one thing, a growing number of people will seek out new places to live, and an increasingly attractive choice will be renting. In fact, vacancy rates have already begun to ease. A recent study cited by The Wall Street Journal reported that apartment rents rose in the first quarter of 2010 after five straight quarters of declines.
In the past, investors bought rental properties based on the reasonable expectation that their market value would rise along with rents, and that they could take advantage of tax benefitsl.
In addition to tax advantages, investors have been able to realize a positive cash flow early in the process. In fact, in many markets, it may be possible to structure transactions that provide an immediate positive cash flow. This is not always the case, of course, and investors will benefit greatly from professional guidance.
For investers who like a hands on experience, operating rental properties can prove to be a satisfying experience. The more work the investor is willing to do for himself or herself, from painting interior walls when tenants move on, to handling the books, the higher the profits will be
I am doing a Open House in Orange County, Cal in the city Orange. The address is 6209 E. Bryce Ave, this is near Villa Park/ Orange Park Acres bordor. It will be Sunday April 25th from 1:00pm to 4:00pm.
There is a new website you have to see for a estimated value for your home in todays changing market. Unlike some of the others, it uses real and current home value information. Go to LaHabraHomeValues.com and see it in action. Click on the Home value button and the rest is easy.
Did anyone see that USA-Canada men's or women's hockey game? This is why I love the Olympic's to watch games that have so much excitment and wow to them. Let me know if you watched it and what you think.
I just wanted to let my fellow agants know that we love doing short sales for Wachovia. Wachovia has make their process so streamline and enjoyable to do. Their Fast Track request form speeds up the whole process as well as having a short sale contact person that actually will pick up the phone or send you a email in a very timely manner. I hope all of the other lending institutions take note on how Wachovia is working with the Real Estate agents to get their properties sold.
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Cheryl & Joe Realtors in North Orange County, Cal. Specialize in REO/Foreclosures, Short Sales,1st time buyers,sellers, Seniors, 1031 Exchanges & Investment properties. Exchange marketing ideas.
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