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Real Estate Tips
Bargain Properties >Tips for First Time Investors

When starting out as a real estate investor, you can choose either the conservative approach of holding a property until it increases in value or the riskier approach of "flipping" - reselling very soon after making some improvements that add value. If you plan on taking the safer approach, keep the following factors in mind when searching for the right investment property.

Look for a house or apartment unit that is close to where you live, so inspecting the property and overseeing maintenance will be easier. Choose an area where there is clear potential for future development, and you will benefit from the inevitable increase in property values. If you have the choice of either buying a newly built or recently remodeled home or a less expensive house in the same neighborhood that needs a cosmetic makeover, buy the bargain property and upgrade it for a better long-term return on your investment.

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Real Estate Trivia
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What is the largest home in Hollywood?

A 
The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million.
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Peg's Team, REALTOR®, real estate agent and broker for Lakeway, Austin and Westlake, Texas home listings, property and land for sale - NUMBER1EXPERT

Peg's Team
Keller Williams

1921 Lohmans Crossing, Suite 100
Austin, TX 78734
Office Phone: 512-263-6700
Fax: 512-261-1496
Cell Phone: 512-656-5414
PegBrax@aol.com

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