Another great quick video from RIS Media that discusses how you can turn your second home into a great source of income! This is a great time to purchase a second home in the Redding area! Make sure you do your research before purchasing a home to rent or lease out…there may be homeowner association restrictions, zoning restrictions or other reasons why you cannot rent out certain properties. Also, you will want to do research to make sure the property is not going to cost you more than you take in each month (ie repairs, deferred maintenance that needs to be done, maintenance fees or insurance issues).
Having an experienced Realtor to assist you with your search can help to save you headaches, time and money when finding the right property. For more information on buying investment properties call Next Generation Real Estate Services today at 530.222.4227 and speak with one of our knowledgeable Realtors.