The 9 Real Estate Investor Rules

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Real Estate Agent with Looking For a Real Estate Value in Cape Coral or Fort Myers? 3043061

For the potential SW Florida home buyer it's a great time to buy as we have hit the bottom and there's proof prices are going up. This coming season in Cape Coral, Fort Myers, Lehigh Acres, Bonita Springs and surrounding areas you will come across amazing deals. When you find a home you like, be ready to pull the trigger. Thanks to the recent media attention, our market is saturated with buyers looking for a deal.

Your home buying decision may have to be a quick one. Follow these real estate investor rules and avoid making a big mistake! Before you buy remember the "9 types of houses you shouldn't buy".

9 types of houses you shouldn't buy

1. Small house (less than 1200 sq/ft)

2. Small master bedroom (especially if lacking closet space)

3. Busy street (main road or very close to one)

4. Bad location (far from conveniences or near to undesirable areas)

5. Bad layout (living and dining areas must have a logical flow)

6. No garage (1 car isn't good either)

7. Bad lot (non-conforming shape)

8. Mixed use commercial or multi family

9. Messy neighbors (can bring the value of your home down by 20%)

close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Charles Stallions 11/26/2009 11:46 AM
Topic:
Home Buying
Location:
Florida Lee County Cape Coral
Tags:
ft myers
fort myers
lehigh acres
cape coral homes
cape coral short sales
cape coral foreclosure
cape coral foreclosures

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Rainmaker
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Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Barbara, I live in Atlanta, so might not apply as much, but you probably don't want to buy in a neighborhood that has a higher than average forclosure percentage.  (That would hold values down!)  All the best, Michelle

Nov 25, 2009 12:36 PM #1
Rainer
17,981
Barbara Klare
Looking For a Real Estate Value in Cape Coral or Fort Myers? - Cape Coral, FL
Broker Associate, Jones & Co Realty

Our entire area is about 70% foreclosures. Prices tumbled 2 years ago and have started to go up a bit since last June.

Nov 25, 2009 12:59 PM #2
Rainmaker
2,410,270
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

We are just gearing more toward that end and sales have gone up. We are picking only the best of homes to list though and concentrating on the buyers.

Nov 28, 2009 11:47 AM #3
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Rainer
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Barbara Klare

Broker Associate, Jones & Co Realty
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