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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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What is a VA home loan?
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| A |
The Office of Veterans Affairs guarantees small or no-down payment mortgage loans made by lenders to U.S. veterans. |
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Charles Allen
Century 21 Ambassador
15201 Leffingwell Ave.
Whittier, CA 90604
Cell Phone: 714-267-4438
Fax: 714-279-0019
CA DRE License: 01315356
info@ChuckAllenRE.com
Century 21 Ambassador is licensed in the State of California.
Chuck Allen Real Estate Team serves all of Southern California for your residential and investment needs.   
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