investment property: High ROI Turn Key Investment Property in Social Circle, Walton County!
- 12/15/13 11:11 PM
High ROI Turn Key Investment Property In Social Circle, Walton County, GA! The Rich Life Real Estate Team just listed an outstanding investment property bordering Gwinnett County in beautiful Social Circle, GA. This property is practically brand new and sold for $75,500 in March of 2007, but you can buy it for $56,000 and it looks as good or better than it did in 2007. The home has all new interior paint, completely new flooring, new lighting, appliances and much more. The low maintenance vinyl siding is a big plus for buy and hold cash flow investors. The home has 3 (2 comments)
It always amazes me how I see less than credible rehabbers try to pass off their quick fix and flip properties as 20% ROI excellent return, turn key investment properties. Often these properties are in the lowest income, highest crime areas and the cosmetics have been done nicely, while the systems have been left. The newbie investment buyer gets stuck with: A house with three layers of shingles on the roof, needing an expensive tear off very soon and a new roof. A 30 year old furnace and condensing unit (2 comments)
One of the biggest mistakes I have seen novice investors make is choosing the wrong contractor. Price certainly isn't the only factor, yet newbies often go with the lowest price without realizing what is at stake. There are several things to consider before hiring a contractor: It's so important to make sure that your contractor is licensed, and you need to check with the state agency that oversees their type of license, don't take their word for it! Getting a copy of their workers comp policy, insurance and (15 comments)