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Tips for Buyers & Sellers

June 1, 2014

TIPS FOR BUYERS

– Understand the key drivers for growth in a community when looking for an investment property, including local employers and their industries, highways and access to larger metropolitan areas, and schools.

Timing the Market…

– The ideal leasing times in non-university areas are March – July. In University areas, the key months are June and August. Purchases 45-50 days before these months will ensure closing on the property and time to make ready for tenants.

– Foreclosures are some of the best deals available, however they typically require significant work to make them “lease-able” as previous owners do not leave the home in the best shape.

-New Homes have also become a popular investment as homebuilders are now selling homes finished with blinds, appliances, etc.

TIPS FOR SELLERS

– In Central Texas, the most desirable time to sell a home is March through July when the weather

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