To buy an investment property is easy, if you know what are you doing. If you are a seasoned investor, you will look into total cost and potential income.You may need a realtor if you want to save time and energy.
But every investment has a risk.If you not too experienced, you need a professional, who can advise you from the available properties, type of properties, potential costs involved, possible restrictions( ie, rental, age, etc) anticipated rental income etc. I did many transactions with investors and was able to help them rent out their place as well. A good Realtor able recognize your best options, have access to more information through the MLS then any other website you would have access to.You can make an educated decision once you know all the facts.
Call a Realtor whom you confortable with.
Weichert Realtors, Best Beach Re.
C;305-343-1135, e-mail; firstname.lastname@example.org
2238 Weston Rd
Weston FL 33326
If you are looking for a single family house, you should not have a problem. Condos and townhouse communities have more restrictions. It is always a good idea to check beforehand anyway if this is primarily for a rental. If the house is in a subdivision there may be some restrictions, but if there is not an HOA you should be just fine.
I would be happy to help you, as I do specialize in the area you are looking.
Stefanie Cohen, PA, ABR, SFR
Prudential Florida Realty
As a local real estate agent, I am familiar with all almost all of the single family home subdivisions and developments in the area. Yes, almost all of these single family home subdivisions and developments allow rentals. Some SFHs located within homeowner associations have restrictions though, but most are friendly to rentals.
I have helped many investors buy real estate, and I will be happy to offer you my assistance in finding and buying the right investment property. Please feel free to contact me, and we can go over all the details.
Thank you for your time, and have a great day.
Giuseppe Hernandez, P.A.
Realtor, GRI, (REOS), (ABR), e-PRO, SSRS
Over $60 million in sales since 2005
Office: 954-753-2200 Ext. 3419
Personal Fax: 1-888-298-3919
License number: SL3113721
As an investor, it would be wise to persue this cautiously because you will fing that some locations have not rental restrictions while others do. Condo living almost always involves rental restrictions while single family homes may or may not, depending on the community. I believe you will find a higher incidence of restrictions in gated communities than in non-gated communities.
Additionally, it is a fact that highly desirable rental areas allow owners to make as much(or more) on a 4 month seasonal rental as they would on an annual rental. With this said, the balance of the year leaves the property open for your use or for additional rental opportunities.
A careful evaluation of an areas rental traffic and desirability before purchasing would be advisable.