Marshall Reddick Real Estate Network recommends strong rental markets Generally speaking Cheap Eric Dickerson Jersey , rent control hurts the value of properties, particularly rentals. Try to stay out of rent control areas. Rent control can bring the price and value of the properties down dramatically and it is very difficult then to raise the rents. (Some areas that have rent control are parts of California, New York Cheap Greg Gaines Jersey , and Chicago.)
Good Schools It is vitally important to have a good school system. The school district and the chamber of commerce usually have information about their schools. Whether you are going to live in the property or are planning to rent or sell, good schools are an essential ingredient. The Places Rated Almanac, which is sold in most bookstores and on Cheap Bobby Evans Jersey , rates the quality of education for 365 cities.
Improving Area It is very important to get into an area that is getting better, as opposed to going downhill. It doesn’t make much difference what the area looks like at the time, but you want to pay attention to the direction it is moving. You can sometimes attain the greatest appreciation by buying in areas at the bottom of the real estate cycle that are starting to go up.
Signs That an Area is Going Downhill: 鈥?Yards are not being kept up. 鈥?Businesses are going under. 鈥?When you see that properties are not being maintained or fixed up. 鈥?You see cars up on blocks in the yards. 鈥?Fences and roofs are deteriorating. 鈥?Crime rate increasing. 鈥?Neighborhood graffiti
Signs That a Neighborhood is Improving: 鈥?The neighborhood is starting to look better. 鈥?Old homes are being fixed up. 鈥?New people are moving in. 鈥?New businesses are being started. 鈥?Banks and franchises are moving in (they do a lot of research before deciding on a new location). 鈥?The city is being rejuvenated. 鈥?Old homes are being torn down and new ones built. 鈥?Property sales are up. 鈥?Prices are starting to climb up or hold steady
Find out more about our recommended rental markets by contacting us at (949) 885-8180. Visit our website at .
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Posted On : Sep-27-2011 | seen (49) times | Article Word Count : 369 |
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