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Story Archives: Not all real estate a good investment
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Not all real estate a good investment
Continuing last week's column on real estate investments, let me address the most common mistakes made and the questions and concerns that an investor needs to consider before purchasing investment grade real estate.
First, let me say that all real estate is not a good investment, regardless of the price. Investment grade real estate is defined as having a high probability of value appreciation and rental increase over a given period of time. This can be determined by looking at the past history of comparable properties and how they have performed.
In short, do your homework or have a professional do it for you before jumping into a real estate investment. And, above all, never 'fall in love' with a property because there will always be another one around the corner.
What are some of the questions and concerns an investor needs to consider before leaping into the real estate investment market?
.....For the full story, subscribe to the The Ouachita Citizen's NEW E-Edition!
Bill Roark is a Commercial Associate Broker at Keller Williams Realty and may be contacted at bill_roark1@yahoo.com. |
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