A great buy? Depends on who wants to live there! |
Key Quotes:
Due to their low pricing, distressed and bank-owned properties in particular look attractive to real estate investors.
According to James McClelland, CEO and president of MACK Companies, at the heart of every successful real estate investment is a great tenant.
“This might seem counterintuitive to the novice real estate investor, but when we look for places to invest in properties we always begin with the tenant in mind,” said McClelland.” A real estate investment works when you have steady, dependable income. And the best way to get that is by having excellent tenants.”
Read the full article at: The Smart Way to Choose Investment Properties.
A. Joseph Marshall
Coldwell Banker Commercial
Commercial Real Estate Advisor
Savannah, Ga
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