Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What does a good investment property look like?

 Will it provide positive cash flow the first month after purchase or is it the one that is priced well below market value? The truth of the matter is an investment property could produce a positive cash flow, be below market value, need no repairs, or need thousands of dollars in repairs.  It all depends on the investor. I just got off the phone with a realtor who told me he specialized in investment properties. He was asking if I could do investment properties and what were my interest rate and fees. After talking for a short time and asking a few questions myself, I found that according to him there is only one thing to be concerned about, does the property generate a positive cash flow.
In a previous life I did investing for hundreds of people. During the interview I would ask an individual several questions. Why are you investing, for retirement, to purchase a business, for security?  What were his goals in investing?  Point being, every serious investor should have a business plan, a goal, a mark to shoot at, a way to know if he is being successful, on track or not. And an exit strategy.
First, ... more

__________________________________________________
Are you on The Rain? Grow Your Network!