The ABC for investing in Real Estate !

“Location, location, location” has always been the golden rule in buying real estate.

But today, the reputation and the background of a property developer are also of utmost importance in making a major real estate investment, apart from location—be it in DFW  or in the other states.

Single family home, Condominiums, Townhouses, and subdivision developments are just some real estate choices available for clients. 

To know which factors you should consider before making that big ticket purchase, here are some tips that may come handy.

A – Work with a trusted real estate agent

It is best that you deal with a licensed realtor who can assist you, protect your interests, and guide you through the buying process at the same time.

B – Value appreciation

Real estate in the State of Texas generally appreciates. Real estate investors can enjoy an average of  3 to 5 percent increase yearly.

C – Affordability

Buying real estate has now become more affordable with the stretched payment terms of the developers. Gone are the days when one has to pay the equity outright.

For example, condominium buyers can now enjoy a scheme wherein they can complete their down payment up to 36 months without interest, while the lot buyers can pay the down payment of 15 percent up to 12 months.

It is important for every investor to be conscious of the price per square foot.

Some condominium developments may seem affordable simply because they have smaller unit sizes. Once you see the pricing per square meter of the unit, you will realize that the property is priced exorbitantly.

Now that you know what to look for in a property, here meanwhile are tips to determine one’s readiness to invest in a house, lot, or condo unit.

A – Assess your need

People have different reasons when they invest in a property. Majority of Texans do so for their future home. For this, a customer can choose between buying a lot or a house and lot package.

Some invest because they want a source of passive income. Many Developers like Lennar,David Weekly, DR Horton offers diverse realty developments like residential homes,condominiums, and townhomes where prospective buyers can enjoy rental earnings. There are also clients who prefer to save and invest in real estate to enjoy capital appreciation and income.

No matter your reason, what is important is that you know what you need and the purpose for making the purchase

B – Know your Budget

Owning a property can be rewarding. But before you make that initial step of reserving your choice property, evaluate your finances.

How stable is your income? Know your schedule of monthly payments and make sure that you are capable of paying both the down payment and monthly amortizations.

Do not rely on future salary increases. Your decision to purchase should be based on your current capacity.

C – Commitment

Investment is a commitment truly worth saving for. Know your priorities and always remember that you’ve worked hard for that money.


This information is brought to you by Kingdom Estate Realty LLC

Joe Goh is a Licensed Texas Realtor with DFWTEXASPROPERTY covering Dallas-Fortworth. For more information, go to www.dfwtexasproperty.com or

http://dfwtxproperty.blogspot.com/