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"VERY FAST and EASY" "If you want a fast, dependable,detailed Realtor, work with Chuck Birger." "CHUCK SAVED US MORE MONEY THEN ANYONE ELSE." Read Quote > View All Quotes >
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Chuck Birger
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NUMBER1EXPERTS: List of all the NUMBER1EXPERT real
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Real Estate
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and mortgage brokers |
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Real Estate Trivia:
Chuck Birger's collection of real estate trivia
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expensive home, largest swimming pool, and more |
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Real Estate Dictionary:
Complete real estate dictionary and glossary of realty words you'll use
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Bargain Properties >Tips for First Time Investors
When starting out as a real estate investor, you can choose either the conservative approach of holding a property until it increases in value or the riskier approach of "flipping" - reselling very soon after making some improvements that add value. If you plan on taking the safer approach, keep the following factors in mind when searching for the right investment property.
Look for a house or apartment unit that is close to where you live, so inspecting the property and overseeing maintenance will be easier. Choose an area where there is clear potential for future development, and you will benefit from the inevitable increase in property values. If you have the choice of either buying a newly built or recently remodeled home or a less expensive house in the same neighborhood that needs a cosmetic makeover, buy the bargain property and upgrade it for a better long-term return on your investment.
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Where was the first hotel built in the US?
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The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink. |
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