What To Buy and Where?
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wordpress video - wordpress plugin for integrated video on video blogs, and video tools So you have decided that buying a GO Zone property. Now a few questions come to mind:
What Should You Buy?
Some things to consider are:
- What is most desirable by renters;
- What will have the best resell value; and
- What produces the best cashflow.
Given that you typically have a choice between single family homes, duplexes, town homes, condos, and resort-type properties, it can be a complicated choice. Make sure you watch the video to your right hand side for more information.
Where Should You Buy?
The GO Zone is a big place, but past December 2008 you can only focus on a small number of areas. See a recent post we did on this topic. Important things to consider in selecting a general location are:
- Economic growth drivers;
- Need for rentals & the property type you are considering; and
- Rents cover expenses for purchased properties.
For many reasons, we really like the Biloxi & Gulfport areas because of the gaming industry and large number of other employers. About every 6 weeks, we operate tours in the area so plan to join us for our next event.
