It isn’t unusual for GreatWest GMAC Real Estate professionals to be approached by home buyers interested in procuring a “fixer-upper” home. Certainly in our current market with many bank-owned homes available, finding such a property shouldn’t be difficult.

However, there are certain things to be considered prior to purchasing that can help safeguard any investment of money, time and effort.

(1) As in all home purchases, it is all about location, location, and location. It is wise to talk with neighbors, who can provide a history of the neighborhood and any problems or nuis... Read more

by Eric Bramlett
Purchasing real estate with the intent of turning it into an apartment or a house for rent can be an excellent financial decision. When you buy a property with the intent of renting it, however, there are several factors you should take into consideration in order to guarantee the best chance of successfully finding a tenant and making money from your investment.

Assessing Your Goals Before Buying

Before you buy real estate with the intent of renting it out, you need to determine what your goals will be. For example, do you want to create a steady sou... Read more