Real estate is one of the most
rewarding investments we can ever make as it can fetch us good profit when done
strategically. According to the top realtor, Rob Rose Danville of Rob Rose the group, it is
essential to consider all factors that will ensure you get maximum returns on
your investment. It is indispensable
that you need to get a real estate investor that will guide you and advice you
on the best strategies when dealing with rentals.
Location pays a major role when it
comes to rentals. It determines the kind of tenant that will occupy the houses.
Buying the houses near a college or university means that you attract students
than working class persons. As much as the demand will be high there will be
seasons when the houses will be empty like during holidays .
Security is one of the major
factors that should be considered. Security has become like a basic need as no
one wants to live in an estate where the next minutes happenings are
unpredictable. People are willing to pay more just to have that peace of mind
that they can come home late at night and still be safe. You can cross check
with the police about a neighborhood crime rate.
Most working class people are
looking for rentals that are close to their work places. These are tenants that
are great to target as they will be good at paying rent and will be in the home
for a long time holding all other factors constant. Generally locations with
growing employments and companies coming up are suitable to ensure constant
demand for the houses.
Rent is another determining
factor. It will be the wine of your new business and determining the amount you
will charge the tenants will influence the amount of profit you will make and
also the demand for the rentals. Do not go overboard that tenants shy away and
also do not short charge them that you make losses. Researching on the amount
of rent being charged in the location nearby will give you an idea of how much
you should charge.
Ensure that you are making enough
money after property tax. It is crucial to find the best location with the best
paying tenants so that after the property tax is deducted, you will still be
profitable. Other deductibles like insurance are necessary and one should look
for areas that are not affected by to natural disasters. Also search for places
that offer other amenities like gyms, transportation, shopping mall and other
thing tenants would love.
Use rob rose to shop smart and
make an investment of a lifetime.
Rob Rose Danville is the Broker Owner of The Rob Rose Group
and the CEO of Awl Eye Investments.Check out my other sites:http://robrosedanville.brandyourself.com/
http://www.robertrosedanville.com
http://www.robrosedanville.com/
http://robrosedanville.net/
https://www.facebook.com/robrosedanville
http://robertroseindanville.wordpress.com/category/rob-rose-danville-ca/
http://activerain.com/64tixx
http://www.linkedin.com/pub/rob-rose/58/47b/179
https://twitter.com/RobRoseDanvill1
http://robertroseindanvilleca.wordpress.com/2013/05/06/ventures-in-real-estate-by-rob-rose-danville/
http://robertrosedanvilleca.blogspot.com/
http://robertroseindanvilleca.wordpress.com/2013/05/06/ventures-in-real-estate-by-rob-rose-danville/
http://robertroseindanvilleca.wordpress.com/2012/02/04/so-you-want-to-buy-a-foreclosure-rob-rose-shows-you-how/
http://robertrosedanvilleca.wordpress.com/2012/02/07/8/
http://robrosedanvilleca.blogspot.com/
http://robrosedanvilleca.blogspot.com/2012/08/benefits-of-buying-houses-for-rentals.html
http://robrosedanvilleca.blogspot.com/2012/08/right-time-to-buy-that-house.html
http://robrosedanvilleca.blogspot.com/2012/07/tips-to-findingthe-right-home.html
https://plus.google.com/116553361962811379284/posts
Robert Rose Danville Ca | Rob Rose Danville Ca
