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hjghermf
Posted: Wed 10:44, 07 Aug 2013
Post subject: hollister co france What Should You Look For in Yo
It's common for most investors, at some point in their investing careers, to consider making an investment in real estate. Real estate markets and stock markets often move in
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different directions, thereby giving real estate investors an opportunity to avoid some of the issues and uncertainties that plague the broad stock market. In addition, real estate can offer significant tax and cash flow benefits.
If you're considering making your first real estate investment, here are some things to consider when you're looking for that initial property.
How Large is Your Overall Portfolio?
Having some degree of diversification in your overall investment portfolio is important to reducing the risk of substantial
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loss if a particular asset class experiences broad difficulties. If the value of your overall investment portfolio is relatively low, then you should probably look to make your first investment property a correspondingly inexpensive one. If you were to commit all or most of your investment portfolio to a single property, then you run greater risks of loss by tying everything to property. Furthermore, you may face liquidity difficulties if you ever need to withdraw money from your investments to pay for emergency personal expenses.
What's the Current Status of the Property?
Are you looking for investment properties that have a rental history, and perhaps even already have a tenant in place? Having this information might make it easier for you to determine
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Furthermore, what's the condition of the property? If you're capable of making repairs and upgrades yourself, then you may be able to realize a greater investment upside by looking for "fixer upper" type properties. On the other hand, if you want a minimum of burden on your time and energy, then you probably want to direct your search towards "move in ready" properties.
How Good is Your Credit?
Depending on your credit rating, you may be able to afford to borrow more money in order to purchase a more expensive first property. Even if you decide not to borrow the maximum amount
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Will You Be Managing it Yourself?
One key consideration when it comes to investment
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property is figuring out how it will be managed. This will include not only making routine repairs and maintenance
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security deposit, cashing rent checks and responding to tenant complaints and issues.
Some investors choose to handle these tasks themselves,
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while others elect to retain a professional property manager. If you plan to manage your first investment property yourself, be sure that you're adequately prepared, and that the likely maintenance and repair tasks are within your abilities.
Paul Beauchemin is a real estate investor and entrepreneur. He created the website about how you should buy rental property to help people desiring a reasonable alternative to
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stock market investment. For free real estate investing info visit
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