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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	Which U.S. hotel has more fountains than any other hotel in the world?
A	The Bellagio Hotel in Las Vegas, Nevada has more than 1,000 fountains embellishing an 11+ acre artificial lake.
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Greg O'Leary, Mr. Lake 1, REALTORŽ, real estate agent and broker for Lake Hartwell, Lake Keowee and Anderson South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Greg O'Leary, "Mr. Lake 1"
Agent Owned Realty
4022 Clemson Blvd
Anderson, SC. 29621
864-933-4648
864-933-4623
Fax: 864-224-9970
Toll Free #: 1-888-687-5665 ext 138
Email: mrlake1@NUMBER1EXPERT.com
Greg's thorough knowledge of Lake Hartwell and Greater Anderson's real estate market coupled with integrity, enthusiasm, and a willingness from experience to understand buyers' and sellers' needs, has allowed Greg to help hundreds of relocating and local clients. 90% of his clientele come from existing and repeat clients, which has distinguished Greg with several awards, including, #1 with the Anderson Association of Realtors and the Carolinas Top 20 RE/MAX Award and a member of the RE/Max Hall of Fame. He has expanded to the Mr Lake 1 Group which includes his wife Evelyn. The Mr Lake 1 Group prides itself in being a totally comprehensive team, committed to serving their clients' varied needs. Whether your needs are lake property, farmland, acreage, residential or commercial property, Greg can be of help.

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