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Investment Real Estate >Location And Value

One of the most important factors that affect the value of property is obviously location. Wise investment philosophy suggests that you invest in a sound property in a more modest area that will increase in value in the future. Buying into an area that is being gentrified, or that is otherwise coming back, is one way to do this.
Timing is everything, however! Most investors don't want to risk too much by being a pioneer, but want to get involved early enough so that there is still considerable room for appreciation in value. Being a pioneer is fine if you are a risk-taker with a lot of patience and cash is not the primary issue. Otherwise, it is safer to buy into an area after the restoration trend is unmistakably established.

Neighborhoods that are ripe for restoration have some common characteristics. They are next to a prestigious area or in a good walk-to-work location and have houses that are basically in good condition or "fixer-uppers" with realistic price tags.

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Q	What was the world's highest viewing platform before the opening of the Empire State Building in 1939?
A	The Eiffel Tower, built between 1887-1889, was for 42 years the highest viewing platform in a man-made structure.
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Mike & Mary Gladchun, REALTORŽ, real estate agents and broker for Plymouth, Northville and Canton Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike & Mary Gladchun
RE/MAX on the Trail
1000 West Ann Arbor Trail
Plymouth, MI. 48170
Office: 734-459-1234
Toll Free: 800-784-8406
Cell/Pager: 734-358-0700
Fax: 734-459-1292
Email: MikeandMary@NUMBER1EXPERT.com
Nobody sells more real estate in Plymouth than Mike and Mary Gladchun! Why? Probably because we are long-time Plymouth residents who truly care about our clients and are personally available 24x7. Plus we work fluidly as a team & deliver more visibility in the most effective (print & internet) places for our listed properties than any other Realtor. We sell a house every 2.5 days & consistently close $30,000,000+ in sales each year, which places us above 99.75% of all other Realtors. We take pride in having achieved graduate (MBA & MS) degrees and the real estate professions most important professional credentials (Broker, ABR & CRS), as well as for accomplishing the highest (Lifetime Achievement, Hall of Fame, Platinum) awards granted by RE/MAX International. Our clients sum it all up best by saying we are so successful because we actively support our community while always going a step above & beyond other Realtors by blending state of the art technology with personalized service & meticulous attention to detail for every client. Youre sure to net satisfying results when you Experience the Difference that we make. We look forward to meeting you! Mike & Mary Gladchun

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