Investing in Real Estate
The Real Estate Investment market in Kansas City has always been good. Kansas City has a wealth of real estate investment choices and just as many people to help guide you to the right property. Before you go down the road of looking into Real Estate Investment Properties, make sure you partner with a trusted and knowledgeable Real Estate Agent. Ed Rippee has the industry experience to guide any Real Estate Investor to the right property for the right reason.
A foreclosure property is a home that has been repossessed by the lender because the owners failed to pay the mortgage. Thousands of homes end up in foreclosure every year. Economic conditions affect the number of foreclosures, too. Many people lose their homes due to job loss, credit problems or unexpected expenses.
Is a foreclosure a wise investment?
Foreclosures in the Kansas City area might be the right type of investment for you. Ed Rippee has the experience necessary to guide you through this process. More detailed information can be found by visiting the Properties Page on Foreclosures.
Is a fixer-upper a smart real estate investment?
Fixer upper homes for sale offer a great real estate investment opportunity, but can present issues without real estate investment experience and know-how. Learn how investing in fixer-upper homes can benefit you. We have the answers to your questions. Check out the basics you need to know in order to get started with your real estate investment here!
What are the differences between condos and single-family homes?
Condominiums in some areas have been as profitable a real estate investment as single-family homes in the past five years. And in some markets, condos appreciated even more, according to some experts.
Changing demographics are helping make condos more popular, especially among single homebuyers, empty nesters and first-time buyers in high-priced markets.
Learn more about condo real estate investment and if this is the choice for you here!
Are vacation homes a good real estate investment?
You can buy a vacation home today for investment purposes, as well as enjoyment. And yes, there are tax benefits.
Some people buy a vacation home to use as a permanent retirement home later, which allows them to get ahead on their payments. Another benefit is that the interest and property taxes on a vacation home are tax-deductible.
Some real estate investment experts predict that vacation homes will appreciate in value due to rising demand from the aging Baby Boom generation. You also can depreciate the property if you live in the house less than 14 days a year.
You also need to consider whether you can afford to carry two mortgages, pay for the extra utilities and maintenance costs, and how this real estate investment fits into your total personal finance picture.
Selecting the wise investment
No matter what kind of home you're looking for, Ed Rippee can give you reliable expert advice that will make the most of your real estate investment. Contact Ed Rippee today at (816) 866-5043.