Real estate may be one of the most important things that you will ever invest in, but it can also be a useful means of increasing your financial well-being. If you’re getting into the real estate game and are wondering how you can make use of investing in homes to improve your net worth, here are three ways you can successfully work towards a real estate investment portfolio that will make you proud.
Home Equity Line of Credit Loan
Also known as HELOC, this is the type of loan where a home buyer taps into the equity of their home while they are still paying off their mortgage. As the equity that has been paid into the home is available without the home buyer having to apply for it, this allows those who invest in real estate to borrow against equity to renovate the property or pay for a deposit on another property.
Pick Properties That Will Appreciate
It goes without saying that most people want to invest in a property that will increase in value, so as an investor you need to be especially careful about what you invest in. Since you may have problems paying all your property fees if the value of one decreases, try and be aware of future market trends and neighborhood hot spots. This means diversifying the properties you invest in and including a buffer in your payment plan so that, even if the market takes a turn, you can still pay off your amount owing.
Investing In Under Market Value
There are few better ways to improve the financial feasibility of your investment portfolio than investing in a property that is under market value. Not only will you have an automatic gain with the purchase price, you will be able to invest that money into improvements in order to bump up the market price even more. While finding this type of property can be difficult for the newcomer, looking for neighborhoods with potential or properties that require little maintenance can be a good place to begin.
There are few better things to invest in than real estate, but it can be hard to know where to put your money in the beginning. Whether through a home loan or purchasing a property under market value, there are plenty of ways to bump up your net worth. If you’re currently considering an investment in real estate, give me a call for more information – J.P. Cook – 602-320-4253.
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6109 S 68th Avenue
Laveen, AZ 85339
$549,000
5
Beds
3
Baths
3,402
SqFt
Status
Active
MLS #
6781655
Property Type
Single Family Residence
Price Type
--
Your new home is waiting for YOU! This well maintained home offers 2 car garage, extended driveway for extra parking, RV gate, and low maintenance front yard. Incredible inside offers plank style laminate and tile, No carpet, 5 bedrooms, 3 baths, formal living & dining rooms, den/office that could easily be used as another bedroom, and large loft area can be used for a bonus room or pool table. Chef's kitchen is comprised of Stainless Steel appliances, Gas Stove, island, mosaic backsplash, walk-in pantry, and ample counter/cabinet space. Upstairs master suite includes walk-in closet, full bath, dual sinks, separate tub, and step-in shower. Huge backyard has built-in BBQ & covered patio extended with pavers. The Lot is almost 1/3 Acre! HUGE RV Gate area and plenty of space to use it! 3 Bay Garage/ 2 door entry, tone of extra space. Whole house sprinkler system. Close to Freeways, Sprouts, Home Depot and restaurants. Trailside Point community park features a fishing lake, water splash pad and covered play area. The Laveen Schools are rated A+! Don't miss this opportunity!
11407 W Duane Lane
Peoria, AZ 85383
$549,000
3
Beds
2.5
Baths
1,902
SqFt
Status
Active
MLS #
6782259
Property Type
Single Family Residence
Price Type
--
This Stunning 3 Bedroom 2.5 Bath Features a Chefs Kitchen with gas Cooktop and Quartz Countertops, Built in Microwave and Oven, New RO System 10/2024. Stainless Steel Refrigerator Backsplash pendant lighting and a Large Pantry. Master bath has a Tiled super shower with rainfall Shower Heads, Jack and Jill Bath connects other Bedrooms. Raised vanities and Walk in Closets in all Bedrooms. Half a bath in hall way.8 ft doors highlight the interior with 5 1/4 Baseboards and upgraded lighting and fixtures, Matte Black throughout. The home also has Wood look Porcelain Tile and Upgraded Honeywell Thermostats with remote Via App. A 12' Multi Glass Sliding Door Leads to to an Extended Covered Patio and a Fully Landscaped Back Yard. Other Features Include Satellite Rewired, Water softener .
22807 E Via Del Palo --
Queen Creek, AZ 85142
$549,000
3
Beds
2
Baths
1,710
SqFt
Status
Active
MLS #
6783813
Property Type
Single Family Residence
Price Type
--
Gorgeous 3 bed 2 bath Queen Creek gem. This must see home has loads of upgrades in all the right places. Tucked on a corner lot, on a sweet tree lined street in the highly desirable Harvest at Meridian community. Thoughtful builder upgrades including premium tile in all main living areas and upgraded carpet in the EXTENDED bedrooms. A premium cabinet package that has been professionally refinished, custom backsplash, gas cooktop, EXTENDED garage, upgraded bathroom package, premium countertops, high soft close toilets, upgraded electrical outlets, spray foam insulation, new pendant lighting, custom screen door, soft water system, custom sunscreens, complete with a 100K backyard Oasis, featuring gorgeous green turf and a stunning oversized 6 1/2 ft deep pool with Baja step and waterfall. Multiple walk-in closets, and loads of charm throughout. Complete with amazing community amenities. Including a splashpad, community pool, community garden, playground, walking paths, within walking distance to highly desirable Queen Creek schools. Close to amazing shopping, dining and entertainment alike. Enjoy fireworks from Schnepf Farms multiple times a year from the backyard patio, just 7 minutes to Frontier Family Park, 6 minutes to Schnepf Farms, and only 5 minutes to Queen Creek Olive Mill Market. With amazing freeway access this beautiful home sits right in the heart of Queen Creek.
714 N Fox Hill Circle
Payson, AZ 85541
$549,000
3
Beds
2
Baths
1,695
SqFt
Status
Active
MLS #
6784866
Property Type
Single Family Residence
Price Type
--
Step into this beautiful single level home in Woodhill Subdivision, nestled into a beautiful cul-de-sac lot with lots of mature natural trees. Very private backyard which backs to undeveloped land, south side has a large dog turn out which allows for more privacy. This home features an open floor plan which provides a seamless flow between living, dining and kitchen. Living room boasts with large windows giving it lots of natural lighting, vaulted ceilings, cozy fireplace adds warmth and charm! This is a 3 bedroom, 2 bath, split floor plan, vaulted ceilings, electronic blinds on some of the windows, walk-in closet, en-suite with dual sinks and walk in tiled shower. Private backyard with covered patio Don't miss out on this one!