Are you considering purchasing real estate as an investment opportunity? Maybe you have the bright idea of renting your new purchase as a way to earn extra money. If either of these sound like something you have been considering, there are a few things you need to keep in mind! Lucky for you, we caught up with Lou Grossi, Broker and Managing Partner at Intercity Realty and asked him for a few tips on buying real estate as an investment.
The Most Important things to consider: There are many factors to keep in mind if you are buying real estate as an investment. According to Lou, the most important thing to keep in mind is the location. If the location is a high demand area, you will have a better chance at renting out your property for a higher rate. This means that your return will be greater, and will therefore make your investment more valuable.
Read More
