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Phil Purcell

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Costs to consider before buying an investment property

Posted by Phil Purcell on Nov 9, 2017 5:00:00 PM

In order for this to be an enjoyable, rewarding and lucrative experience, it’s vital that you’re fully aware of what’s involved and required to be successful. While this article not meant to deter you, it is meant to honestly depict all the responsibilities of property ownership.

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Topics: Investment Property, Investment, mortgage

6 Tips to Max Your Investment Property Profit

Posted by Phil Purcell on Nov 9, 2017 4:30:00 PM


Here are six essential tips to help ensure that you realize the largest possible profit from your investment property: 

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Topics: Investment Property, Investment

How do I secure financing for an investment property?

Posted by Phil Purcell on Nov 9, 2017 4:00:00 PM

Now that you’ve found a property, it’s time to start looking for financing. Talk to several lenders, compare terms and rates and decide if this is someone you can comfortably work with. Yes you need to like them, but you also need to make sure they are someone who can help you understand all the issues associated with purchasing investment property. Pick someone you trust and find easy to work with.

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Topics: Investment Property, mortgage, Money Management

Investment Property Ownership: Finding the Right Property

Posted by Phil Purcell on Nov 9, 2017 3:30:00 PM

 

There are many places to find available properties: MLS listings, your local newspaper, word of mouth, loopnet.com, or a For Sale sign at the property. You can also join a local Real Estate Investor Association or Real Estate Investment Club. They’re great sources of information for both the novice and expert investor. Want to keep your search simple?  Find neighborhood that you like and look for signs.  Also, keep an ear out for multiproperty owners looking to get out of the business.

Now, what do you do when you find a property that looks good to you?

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Topics: Investment Property

Investment property ownership starts with the right broker

Posted by Phil Purcell on Nov 9, 2017 3:00:00 PM

Many things play a part in your journey to investment property ownership, starting with finding the right real estate broker. There are literally hundreds to choose from. So where do you begin?

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Topics: Small Business, investment property ownership

The Keys to Successful Investment Property Ownership

Posted by Phil Purcell on Nov 8, 2017 4:30:00 PM

If you’ve thought it over carefully, clearly defined your goals, examined your financial situation and are ready to jump into financing an investment property, there are really just three factors that will play a role in your success:

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Topics: Investment Property

Is Investment Property Ownership Right for You?

Posted by Phil Purcell on Nov 8, 2017 4:00:00 PM

Being a real estate investor may sound like a great idea; a pretty painless way to make some extra money. But of course, it’s not quite that simple. Before you invest, ask yourself what your goal is in owning commercial real estate: 

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Topics: Investment Property

Financing an investment property

Posted by Phil Purcell on Nov 8, 2017 3:30:00 PM

What's the best way to finance an investment property? The easy answer is that it depends - so let's look at some of the factors involved in financing an investment property.
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Topics: Investment Property

11 Things Business Owners Should Know About Chip Cards

Posted by Phil Purcell on Sep 14, 2015 8:52:25 AM

Bikes As I’ve been shopping over the last couple of weeks, I’ve been watching how different businesses are preparing for the switch from magnetic strip credit cards to the chip cards that will be coming soon. It’s been fascinating to me.

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Topics: Credit Card, Business

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