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Investment Real Estate >Investment Real Estate

While it is impossible to predict what a particular house will be worth at any point in the future, single family homes have a track record of being excellent investments. If you want to take the plunge, what should you look for in an investment property?

Location is the prime factor. A great location will make a property easier to rent or sell later on for top dollar. You should also consider the cash flow situation. It is often difficult to break even or show a profit from your rental income for the first few years of owning a property. Assuming the property will appreciate as you own it, you should consider the potential amount of equity you will build up each year. If you are planning to become a landlord, it is a good idea to consult a real estate agent and an accountant to help make sure that your decision to purchase investment real estate is an informed one.

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Q	What are the three most common environmental toxins for which homes are tested?
A	Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts.
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The Bittinger Team, REALTORŽ, real estate agents and broker for Canton, Plymouth and Northville Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

THE BITTINGER TEAM
RE/MAX Classic
43435 Joy Road
Canton, MI. 48187
Office: 734 459-2600
Fax: 734-979-0999
Email: team@bittinger.com
Lee and Noel Bittinger, ABR, CRP, CRS, e-PRO, GRI have set the standards for Real Estate in Wayne and Oakland Counties having received every major real estate award, as well as being important contributors to the real estate industry and in the community for over 22 years. They have led the way in specialization, education, marketing and innovations, as well as giving back generously to the community. The Bittingers are known for their integrity, enthusiasm, experience and knowledge. They are the guiding spirit for every transaction and every client their team serves. Given the current state of our real estate market and what it is doing to so many families, The Bittinger Team took it into their own hands to become Short Sale Experts! Every agent on The Bittinger Team has now acquired their "Certified Distressed Property Expert" designation, or CDPE. This experienced, and highly trained group of agents have dedicated their time and effort to understanding the critical issues that distressed homeowners are facing.

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