Los Angeles, Ca (PRWEB) February 16, 2013
Red Blue Realty’s professional team believes that real estate investments are the best type of investment for both large and secure return rates. To achieve the best success with this type of investment, potential investors should research the right property to invest in, ascertain the length of time they desire to hold a property, and utilize the assistance of a real estate pro to help them locate the best real estate investment for them.
Investors planning to purchase real estate should start with a decision about the type of property they want to buy, and it’s location. Both location and the potential for rental income are important considerations to be made. Various options for real estate investments include the choice of multi-family homes, condominiums, or apartments, as opposed to a single family dwelling.
Either make solid rental investments. After all, appreciation of property in Los Angeles long term is essentially guaranteed. Given the area’s continued economic growth and expansion, and the fact that housing prices are still low in the current real estate market, this is the perfect time for finding an investment opportunity. And, investing in rental properties usually means there will be no monthly income loss, as tenant rent will essentially cover mortgage payments.
Investors searching for the best real estate investments should also consider the choice between investing in property as a second home or as rental housing. A second residence has the advantage that it can be claimed as personal property on an income tax return, as interest payments on such an investment are tax deductible. Investors can deduct payments of up to $1 million in debt for both a first or second home. The buyer has to live in the property for at least fourteen days annually for it to qualify as a second home.
Red Blue Realty knows that if an investment property will be rented, buyers should carefully analyze the rental cost that a market can bear, and decide if property enhancements can improve rental amounts or serve as a draw for long term residents. Also, before purchasing an investment property, potential buyers should familiarize themselves with the rental values and potential in any area in which they are considering buying. These are based on location, available housing units, an area’s schools, and rate of growth. Low crime and high population areas are naturally the first choice.
Red Blue Realty’s professionals can provide the knowledge that potential investors need to find the best in real estate investments. From neighborhood choices to the pricing of rentals, upgrade selection, and long term property value, Red Blue Realty can assist investors with determining the investment areas with the most market appeal, rental potential, and overall growth potential.
Such information will greatly assist investors seeking the best investments in area real estate. The end result for real estate investors is a steady income stream with yearly growth potential and tax deductibility. With the assistance of a professional real estate team such as Red Blue Realty, real estate investment and real estate profitability are solid goals to obtain.
Website: Los Angeles Real Estate
Phone Number: 1-(855) 66-RBREALTY or 1-(855) 667-2732