Archive for May, 2014

Tips for Selecting a Rental Property Investment

May 30, 2014

An accomplished entrepreneur, Henry Lawton Hall, Jr., owns and operates a real estate investment company in Atlanta, Georgia. There, Henry Lawton Hall, Jr., helps investors identify high-potential rental properties in and around greater Atlanta.

When investing in a piece of real estate with the intent to rent the property, an investor must first consider return potential. Investing in real estate means making liquid assets significantly more fixed, so it is important to choose a property with a high likelihood of renting and providing ongoing cash flow. Experts have noted that the most successful rental properties tend to be in populated areas with a large pool of potential renters and in safe neighborhoods that would appeal to families. Proximity to shopping centers and other conveniences also attracts tenants.

In addition, many real estate professionals suggest that a high-quality, low-maintenance property offers the best chance of a good return on investment. Properties that require a great deal of maintenance may require more attention than is worth the investor’s while. Appealing properties rented to well-screened tenants tend to do best, particularly if the owner can find tenants that will stay for a number of years.