|
Buyer's Guide Home |
Develop a Purchase Strategy
|
|
Once you have determined your goals and needs, found a
Prescott income property advisor, and established a rapport with
your lender, you are ready to work with your advisor to
develop a concentrated plan of attack. |
-
Start by writing down your
timeline for searching, acquiring, and renting out your
income property.
-
Browse the homes in the
Northern Arizona MLS
which includes all types of Prescott area real estate
including residential, income property, commercial,
vacant land, and business opportunities.
(If you don't find the type of
Prescott real estate you are looking for in the MLS
system,
contact us
and we will canvas
all of the property owners in Prescott to find a
seller.)
-
Then subscribe to the
Instant Notification* system
that will automatically update you whenever a new
listing that meets your criteria comes on the market.
The faster that you are able to identify a property
compared to your competition will improve our chances to
acquire it if it meets your criteria.
-
The good ones move fast and you don't miss your window
of opportunity...
-
Be prepared to visit as many income properties as
possible that match your preferences and be ready and
able to present an offer quickly when the right income
property comes up.
-
However - be patient. Locating a good income
property may take time. You may get lucky and find the
perfect property right away but often it takes much
longer.
-
Don't expect to wrap everything up within one month. And
don't jump at a property that isn't great just because
it's the only thing you've seen that's close to your
goals.
-
Think about how much you are learning every time you see
a property that isn't right. You are learning how to
tell the good from the bad. And when the right one comes
along you will have a good frame of reference to make an
informed choice and be confident that you are making the
right move.
|
|
| |