Monthly Archives: October 2011

What are YOU looking for in an investment property?

Investment property goals can vary from person to person and situation to situation.  And they should.  Just the other evening I sat down with a couple who both work and I can guess they both make very good incomes.  Kids are out of college.  They are within 20 years of social security checks and enjoying the rest of their lives.

I’m a bit younger, a professional real estate agent and am still raising 3 of our 4 kids…the other off to college.

And a younger, favorite investor of mine is just barely 30,  no kids, great job income and has a goal of replacing his job income with real estate.

That’s three very different situations and there is no one real estate investing formula that would cover all three.

What are YOU looking for in an investment property?
That’s the $10 question.

  • Cash flow?
  • Equity growth?
  • Delayed financial security?

So many more questions can be asked here.  You probably need to talk to a professional who knows what questions to ask.

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Filed under Real Estate Investing

Just Asking

Our property management services have been keeping us quite busy of late.  Kind of the rush before the cold, if you know what I mean.  So sorry we haven’t been posting much.  But here are some random thoughts….

  • Where are all the cash buyers coming from these last few months?  And will they stay in the market over the holidays?
  • If a tenant has $60 worth of beer in the fridge, $120 worth of liquor on the counter top, $70 worth of cigarette cartons on the dining room table and premium cable ($150/mo anyone?) on the tube, how can they actually say they don’t have any money for rent?
  • Will Mizzou be able to cheat enough to compete in the SEC if they choose to leave?
  • There are four ways you make money when you own investment property.  Can you name them?

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Filed under Misc. Real Estate