Your Home Purchase as an Investment
The purchase of your home is typically your largest financial purchase. As such, it deserves the research and time to determine if it is a sound investment in your financial future. When evaluating a property consider how long you plan to live there. Also work with your realtor to research the area, market values, and its place within the market to evaluate potential resale issues.
Research Tools
- Real Estate Market Activity Reports by Area
- Lookup Sold Properties
- Search Properties for Sale
- Save Searches & Keep Up with Listing Prices in Your Neighborhood
Expanding into Vacation Homes
You may be considering owning a 2nd home or a vacation property. As with your first home purchase, you should consider factors of resale. In addition to this think about what you will do with the property while you are not there. In many areas owners rent out the property.Take a look at some popular vacation spots in our markets.
Generating Income from Rentals
Another avenue for investing in real estate is purchasing property with the intent of renting it out. This is a great option to consider if you would like an additional income stream. Some people buy a multi-family property and live in one side and rent out the other. You may also be interested in managing multiple rental properties. We can help you find existing rentals or properties suitable for buying and renting out.
- Search Multi-Family Properties
- Learn About Property Management Services for Owners
- Search Properties for Sale
More Formats of Interest
Questions? Next Steps...
If you have questions about your real estate purchases or plans or would like someone to help advise you in these matters, please let us know. Contact Us