Fairfield, Westport, and Weston real estate and homes for sale in Connecticut, On Southport Harbor, Single Family Homes, Condos - Melanie Smith, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
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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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Real Estate Trivia
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What home product makes lawn mowing easier than ever?

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The Robomow, a robot lawn mower manufactured in the UK by Friendly Machines, can cut 6,000 square yards of lawn all by itself.
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Melanie Smith, REALTOR®, real estate agent and broker for Fairfield, Westport, and Weston, Connecticut home listings, property and land for sale - NUMBER1EXPERT

Melanie Smith
Prudential Connecticut Realty
PO Box 532; 411 Pequot Avenue
Southport, CT 06890
203-319-3403
Fax: 203-255-2330
Voice Mail: 203-429-1714
Melaniesmith@prudentialct.com
melaniesmith@NUMBER1EXPERT.com

Melanie Smith, ABR, ABRM, CRB, CRS, GRI has been the top producer in her area since 1980, currently in the top 1% in the nation. Assertive representation, confidentiality and professional service to buyers and sellers. Prudential Connecticut Realty is an independently owned and operated member of The Prudential Real Estate Affiliates Inc., and Prudential is a service mark of The Prudential Insurance Company of America.

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Prudential Connecticut Realty: Southport, Westport, FairfieldSouthport CT Real Estate Fairfield CT Real Estate Westport CT Real Estate Fairfield CT Homes for Sale Prudential Connecticut Realty: An independently owned and operated member of The Prudential Real Estate Affiliates Inc., and Prudential is a service mark of The Prudential Insurance Company of America.

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