As an investor it is very important to have an agent that actually understands how investment properties work. Many agents claim they work with investors and know what makes a good investment, but in reality many of them don’t. Buying a home to live in and one that is an investment is a completely different ballgame.
Investment properties come down to making sure the numbers work. Knowing what income a property can bring in as well as what it might sell for after the rehab are important. There are also many expenses that regular agents that aren’t investors themselves are not aware of. As an investor you need an agent that has a pulse on the local rental market and demographic trends. These are important considerations to take into account on a property you are relying on to make money for you.
As an investor myself I also make sure I am up to date on all of the potential development taking place in certain areas because the key is to get ahead of the game and get in before everyone else realizes the potential of an area. There are certain statistics you can look at that usually indicate the direction an area is heading in. Having someone that knows what these are and what to look at is a definite advantage to making the most money in investment real estate.
If you have interest in investing in Beaver, Allegheny, or Butler Counties, feel free to fill out the form below and I will be in touch with you to set up an investment game plan to make you much more money than you’ll get in the stock market. Don’t take your choice of an agent lightly when it comes to investing your hard earned money!