Joe Capote – Certified Investment Agent Specialist Expert in Real Estate Investments and Properties

Many first time investors may find themselves leery of “taking the leap” on their first transaction. With enough guidance and diligence, I can give this type of investor reassurance that the decision is a good one.

Condition, area, cap rate and Cash-on-Cash (CCR) will be primary considerations for the first time real estate investor.

Risk Tolerance

As a first time investor, you will most likely want to take less risk, so providing you with well-constructed property options that have low vacancy rates in desirable areas may provide you with smaller income margins. Because these properties in more desirable areas, they may cost more. As an investment agent specialist, I have the experience needed to remain diligent in finding good opportunitieis in high demand areas. The better the property, the higher the returns.. What should be called out here, is that getting good deals in high demand areas requires speed. The better prepared the first time investor is in terms of expectations and execution, the faster I can act on those “once in a lifetime” deals.

Property Considerations

Options to take under consideration when looking for properties include:

• Tenant Restrictions
• Condos/HOA with no lease restrictions or seasoning
• Limited or very low association fees
• application and/or approval interviews
• proximity to parks, schools, shopping, public transportation, major employer centers
• property condition and updates
• Property maintenance fees (I.E. pool, hot tub, extensive “green” space requiring expert care.

As part of the representation I offer first time investors, it is my mission to keep in touch, particularly after the purchase. Constant follow-up makes sure the investment continues to work for the investor as anticipated, and assistance will be offered as required. First time investors should know that owning an investment property comes with a learning curve, and it is my duty to guide you through the first time investment process. in order to ensure success.

If you have thought about investment real estate as part of your retirment or college savings strategy, please contact me. I can work with you to ensure you make the decision that is right for you, and work to build generational wealth for you and your family.