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In an effort to provide superior customer service, Chuck Hartell has purchased a moving van for preferred customer use.

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Investment Real Estate >Investment Real Estate

While it is impossible to predict what a particular house will be worth at any point in the future, single family homes have a track record of being excellent investments. If you want to take the plunge, what should you look for in an investment property?

Location is the prime factor. A great location will make a property easier to rent or sell later on for top dollar. You should also consider the cash flow situation. It is often difficult to break even or show a profit from your rental income for the first few years of owning a property. Assuming the property will appreciate as you own it, you should consider the potential amount of equity you will build up each year. If you are planning to become a landlord, it is a good idea to consult a real estate agent and an accountant to help make sure that your decision to purchase investment real estate is an informed one.

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Q	What classic 1932 movie scene was filmed between 923 and 935 Vendome Street in the Silver Lake district of Los Angeles?
A	Laurel and Hardy tried to lug a heavy piano up a really long outdoor stairway in "The Music Box."
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Chuck Hartell, REALTOR®, real estate agent and broker for Maple Grove, Otsego, Monticello and Elk River, Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)

Chuck Hartell
Edina Realty
10001 James Ave, NE
Monticello, MN 55362
Phone: 612-991-7168
Fax: 612-295-3807
Chuck@ChuckHartell.com

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