The current market in bank-owned properties and short pay properties are inviting investors who see it as their time of opportunity.
Would you like to know the basics of determining a property's "income potential"? Keep in mind that today, serious investors need to look at long term growth, and not rapid appreciation in value.
Let's say you would like to get a 7% annual return on your new investment property Find out how much you should offer, based on the "IRV" formula: Income, rate of return, and value.
And, very importantly, financing and down payment requirements will also affect your rate of return: the more cash you put in your down payment, the higher your rate of return on the investment.
For more detailed information on making a good evaluation of the house or units you might be considering, contact me directly or fill out the form below.






