Note! ️The house buying and selling procedures are complicated. We provide a one-stop service from assisting with loans, and low interest rates for first-time home buyers, to house delivery, decoration, and taxation.
Million-dollar real estate agent | Massachusetts licensed decorator Chen Yi
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Choose a Fully Equipped Community
You may like a quiet and private suburban town, but when choosing a property for investment purposes, you should first consider the needs of future tenants. Convenient public transportation, and sufficient shopping, dining, and entertainment facilities are all key points that tenants pay attention to, and are also have the potential for future property appreciation.
Choose an Excellent School District
In recent years, more and more people from China have gone to the United States to study. Many international students will rent houses near schools. Moreover, among those who choose to rent houses, there are many young couples who usually pay attention to the schools their children will attend in the future or currently. Many tenants are willing to pay 20%-30% higher monthly rent for better school districts. Therefore, investing in good school district houses is a good choice.
Pay Attention to the Local Employment Situation
The quality of the local job market also directly affects the rental price of investment properties. Areas with ample job opportunities have much higher demand and rents for rental properties than areas where it is difficult to find a job.
Choose a Property With More Rooms
Which one is more suitable as an investment property, a four-bedroom villa with an interior area of 1,800 square feet or a property of the same size with six slightly smaller rooms? The answer is self-evident: the six-bedroom villa. In the case of the same area, choosing a property with more rooms as an investment can earn more rent in the future.
Choose a Low-maintenance Garden
Few tenants will spend a lot of time and money on a garden in their rental property, so if your investment property has a large garden, you must choose a landscaping design that will produce low maintenance costs.