Q: I've purchase a home once already, and I did pretty well in the deal. What's so different about buying an investment property?
A: I've said them all before, but I will say them here again. The differences seem simple:
- You do not fall in love with an Investment Property
- You do not fix up an Investment Property the way you would fix up your own home.
- An Investment Property is all about the numbers. Unlike your home, whose primary function is to be your residence, an Investment Property's sole function is to make you money. There is no other purpose.
It seems simple. You would be surprised once you get caught up in the emotion how quickly you might forget these things.
If you're ready to purchase an investment property, give me a call. I'll help bring you back to reality and determine if your excitement is based on the numbers, or on the emotion.
Photo courtesy of:
Clients always ask me: Are you on the web?
See for yourself.
Tim McIntyre, GRI, Ellicott City Realtor, Catonsville Realtor
Helping Clients Buy, Sell and Invest in
Howard County, Carroll County and Baltimore County
for more than 25 years.
tmcintyre@cbmove.com 410-480-3555
www.timsellshomes.com
