investment property: 3 things to avoid when buying an income property in Sacramento, CA
- 10/23/15 11:22 AM
When you transition to becoming an investor, it is important that you shift your frame of reference from owner occupied buyer to investor. What you look for when you are looking for a home that you are going to live in versus a home that you will be renting will be very different. Below are some (not all) of the attributes you'll want to consider when buying an income property. I'd recommend that you discuss these items below with a professional property manager/landlord attorney.
1) Large lot - Some landlords pay for front and backyard yard care, some don't and require the … (1 comments)
investment property: How to Buy an Income Property in the Sacramento Region
- 10/23/15 10:24 AM
There are two primary ways to invest in residential real estate for the average person: flipping or renting properties. I'll be discussing the latter, purchasing income properties to hold over the long term because this is what is feasible for most people. A little about my background, I've helped investors purchase and sell residential income properties since 2003 and I was a professional property manager for 7 years. Step 1 is to get pre-approved for an income property purchase loan so you have an idea of purchase prices and corresponding monthly PITI (principal, interest, taxes, insurance) payment. Income property purchase loans … (0 comments)
When you transition to becoming an investor, it is important that you shift your frame of reference from owner occupied buyer to investor. What you look for when you are looking for a home that you are going to live in versus a home that you will be renting will be very different. Below are some (not all) of the attributes you'll want to consider when buying an income property. I'd recommend that you discuss these items below with a professional property manager/landlord attorney. 
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