Have you ever wondered what makes a good investment property? Whether you’re a new investor or thinking about selling your home to an investor and aren’t sure if your property is quite right, you can find some useful tips in today’s article from Pink Lightning Investments.
What Type of Property Makes a Good Real Estate Investment?
There are certain types of properties that are more attractive to investors but that said, most investors will acquire virtually any property if there is room for profit.
A real estate investor’s primary objective is to turn a profit and they approach the transaction as a business dealing. As such, the most popular properties amongst real estate investors are those that can be acquired for a price that’s less than market value.
Additionally, real estate investors often seek to acquire distressed properties, which are often available for a price that’s less than market value. But beyond this, these homes are often in need of serious renovations, repairs and improvements, which provides a lot of room for profit. This is because most investors work with a rehabber who performs the work at competitive rates that allow for a profit when the property is resold.
The owner of a property that’s in need of a lot of improvement or repair work can also benefit from working with an investor, as these properties are especially challenging to sell to a typical buyer. And often, the homeowner is asked to make improvements or repairs as a condition of the sale, whereas investors are usually happy to acquire the property as-is.
Properties that are situated in a convenient location, such as one that’s near to amenities such as supermarkets, the highway and public transportation, can be especially desirable since these properties often make good candidates for rental holdings.
Multi-unit properties and homes that can easily be subdivided are also popular amongst real estate investors.
Sell Your Home to Pink Lightning Investments
If you’re seeking to sell your home to our real estate investors, we’d love to speak with you. At Pink Lightning Investments, we work with clients throughout Texas and beyond, purchasing your property for a fair price, while also helping distressed property owners and other homeowners who need to sell their property promptly and in as-is condition.
Pink Lightning Investments, Inc. is currently seeking to buy homes in Houston and the surrounding communities, so if you’re interested in selling your property, please take a moment to complete our home sale form and a member of our team will be in touch.
If you’re seeking to acquire one of our properties or are interested in partnering with our wholesaling team, please stop by our properties page to view the available homes. Or, contact us today by calling 800.639.8410.