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Get Rich Quick with Lafayette Real Estate

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You see them on TV, standing next to a plane or a Ferrari, sharing tips about how they got rich buying real estate. It's simple to become a millionaire, and of course you don't need any money to put down, and credit is never an issue. These tips will work in any market, even right here in Lafayette. Hey, it worked for them, so why not you? 

Getting rich overnight in real estate doesn't happen that often. For every story of overnight wealth, there are thousands of stories of fortunes lost by less than experienced investors. Unfortunately, many of the stories of loss come from the same people who struck it rich just months before! The bottom line is that we help both new and experienced investors put their money to good use every day, and some of those investors are quite wealthy, but building wealth in real estate is the same as in any other industry--it is a process. 

You can contact us anytime for advice on investing in real estate in our area. The Lafayette, West Lafayette and Purdue markets offer some fantastic opportunities when you're ready!

How to Get Started Investing in Lafayette Real Estate

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As a prospective real estate investor, you can choose from two main approaches. One, holding a property until it increases in value, likely renting in in the meantime,  or two, the very different approach of "flipping" - reselling very soon after making some improvements that add value. If you plan on holding, keep these factors in mind when searching for the right investment property.

Consider looking for a house or apartment unit that is close to where you live, so inspecting the property will be simple. Choose a property where there is clear potential for future development, and you will benefit in the long run. For example, investment property goes up in value corresponding to its income...is there space to add storage facilities? Is there room to add washer and dryer units? Is the potential property currently a two unit, but you see a simple way to make a third or fourth unit? These types of improvments increase income, and in turn will raise the value of your investment property. If you have the choice of either buying a newly built or recently remodeled home or a less expensive house in the same neighborhood that needs a cosmetic makeover, buy the bargain property and upgrade it for a better long-term return on your investment.

Wooded Lots Now Open to West Lafayette Home Buyers

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Nearly a quarter acre each, these new wooded lots just opened up last week. If you're looking for a new home site in West Lafayette but still want to be close to town, there are not a lot of options available. These lots are within 10 minutes of Purdue campus and available immediately! Just see us for details...

Large walk-in closets in west lafayette

Imagine having more space than you've ever had before and still staying within your budget! This particular builder model is a must see for anyone who thinks it's not possible for them to own a new home. We walk our clients through the entire process step-by-step.

New West Lafayette Home with Game Room is a Must See

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West Lafayette home with game room

This amazing new floorplan is available from the builder in West Lafayette, within minutes of Purdue. It is a must see...this game room functions as an entire second living room. If you'd like more space, it's more affordable than you might think!

Ranch home in Lafayette near fair grounds!

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This home is Sold by Cathy Russell Team.  This home has all NEW windows, vinyl, siding, paint, doors, and kitchen counters. It has 893SF, 3 bedroom, and 1 bathroom with vaulted ceilings and natural woodwork. Home is located near Jefferson High School.

Ranch home on South side of Lafayette near US 231.

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This home is Sold by Cathy Russell Team.  Great home with 1541SF, 3 Bedrooms,  2 Bathrooms, and Famiy room. This home includes a shed with a workbench and storage loft.

Condo in Lafayette Great for Purdue Students!

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This home is currently off the market. Wonderful condo in Earlhurst Subdivision! This condo has 2 bedroom, 1.5 bathrooms, and dining room. This home is walking distance to many resturants and shopping.

This home is Sold by Cathy Russell Team.  Great home on the Tipp. River! 1976SF, 3BR, 2BA, 5.08 acres. This home has to offer valuted ceilings, naturalwood work, Oak kitchen, lots of storage, new vinyl siding wood stove that heats up the home huge garage and workshop. Those are just a few things. Must see this home.

Lafayette home minutes away from I-65 and State Road 25N!

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This home is Sold by Cathy Russell Team.  This awesome home as been totally redone! New Marble entry, ceramic kitchen and bathroom floor, kitchen cabinets and counters, the bathroom has new faucets, counters, mirrors, and light fixtures. Also new carpet and paint.  Must see this home to believe. It has to many features to list. 

Displaying blog entries 1-10 of 24

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Photo of Cathy Russell Real Estate
Cathy Russell
The Russell Company
2522 Covington St.
West Lafayette IN 47906
(765) 426-7000
(765) 335-5588
Fax: (765) 497-1003