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Adam in CO

06-27-2006 02:33 PM

Real Estate Investors

6 Investment Tips You Can Use!

Hire and pay for skilled workers to do your renovations.
Location. Location. Location. Invest in the best location you can afford.
Be affordable for tenants by buying small and staying small.
Look at a property for what it can be, not for what it is.
Focus on the money coming in and going out - not the cap rate.
Don't go unique - choose rental properties that will appeal to anyone.

HummerNewbie

06-27-2006 03:25 PM

Re: Real Estate Investors

Good advice. Not sure how it is everywhere else but have done very well with Multi-family properties down here.

Adam in CO

06-27-2006 03:35 PM

Re: Real Estate Investors

Agreed. No reason to do any different. The financing is exactly the same for up to 4 unit properties. Taxes and insurance are minimized. Repair issues are all at one location. If a unit is vacant you still get 75% of your rent. We love multi-families for investors.

Boss Hoss

06-28-2006 03:14 AM

Re: Real Estate Investors

Quote:

Originally Posted by Adam in CO

Focus on the money coming in and going out - not the cap rate.

So do you think a 1% pay option rate is a good mortgage for investing? This rate sounds too good to be true but how does this loan increase cash flow and is the payment really 1% interest?

Adam in CO

06-28-2006 02:53 PM

Re: Real Estate Investors

Depends on the property. We have been doing a lot of 2.0%/5 year fixed, pay option loans for investment properties. We've been able to offer fixed rates in addition to fixed payments on scenarios like that.

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