Learn About Investment Properties
What DEVAPRO does.
With a team of experienced real estate developers committed to creating exceptional properties that meet the needs of our clients. And a focus on quality, innovation, and sustainability, we are dedicated to delivering outstanding results that exceed expectations to ensure your able to maximize your investment property.
Investment Strategy Explained:
Why Sell My Property.
The 70% rule is for those looking to flip a house, and it states your total investment should be no more than 70% of the home’s value including any additional property investment costs. To calculate the 70% rule, simply take the market value of the property and multiply it by 0.7 (or, 70%). The difference from the market value to your total property investment would be the amount of profit.
Should I Rent My Property?
The 1% rule is a rule of thumb that determines how much rental income a property should theoretically be able to generate. Following the 1% rule, an investor can expect to realize a positive cash flow from a rental property if the monthly rent is at least 1% of the purchase price. Additional Costs to Consider When Determining Rental Prices: Maintenance & Insurance, Property Taxes, Operating Expenses.
The Bottom Line: Investment Properties!
When considering an investment property, it’s important to not be in the dark on how large of a return on investment the home can provide. In other words, it’s essential to know what you’re getting into before purchasing a property.
Now that you have a few strategies for making that decision, it may be time to start your real estate investment journey. Find out today the best solution for your real estate investment goals.
Discover An Investment Strategy
