Ask a Realtor: Should I buy investment property?

Q: Should I buy investment property?

ask-darren-buy-investment-property.jpg

A: With the cost of real estate these days and the amazing options available in Northeast Los Angeles for small, multi-unit buildings, it is not uncommon for clients to purchase investment property to live in.

Historically, real estate can be viewed as a hedge against inflation. If you own investment property with a steady mortgage payment and rising rents… well, you can see where this is going.

The one thing to ask yourself is: are you ready to be a landlord? I help all of my clients be more successful landlords by providing continued updates on regulation, advice on tenant interaction as well as on contracts.

Learn more about Northeast Los Angeles neighborhoods to see if any of these may be a good match for you!