It's the age-old debate...first of all let's set the record straight about investing. If you want to buy an investment property in Lafayette that makes money, we can help you find it, but if you don't have a plan and criteria together you are not quite ready to find something. In other words, you need to know what you're looking for FIRST! And you need to know more than "I want to find a rental" or "I want to find a house to flip and make some quick cash".

Both of these types of opportunities exist here, and they both exist in BOTH West Lafayette and Lafayette! You can find a solid, money-making property in any town you search. It is key to know the market first of course, and this is one area where we can help you immensely. Just call us, and we will love to talk about the market with you. As far as your criteria goes, this is all up to you.  We can't tell you what to buy!

What type of property do you want to find? Remember I said you need more than " that makes money" or "a foreclosure". However, if you want to find "a ranch style home within visibility of a high traffic road, 800-1200 sf, built between 1950-1975 for a price that will cash flow at least $200 a month" well, then now we're in business!

How do you develop your criteria? How do you know what to look for? Well, that's an educational process, and there are a lot of things to learn from us and other investors who have been successful before us. As always, we are happy to talk with you about details, and I have a number of books I'd like to recommend for reading as well. Maybe I'll publish a reading list here soon...

Til then, happy investing and keep the questions coming!

Oh yeah, one other thing: remember, if you're studying and learning the market and developing your criteria, if you're taking one step at a time and progressing carefully and meticulously, guess what. You are investing! Investing isn't all about buying, it's about growing, and one of the surest ways to STUNT your growth is to buy a property that tanks on you. It's better to miss out on a good property than to buy a bad one!

So...keep studying and keep in mind that we are here to help. We love to sell, but just as investing isn't all about buying, we're not just all about selling. Many of our clients work with us for a long time before making their first purchase...that's what we're here for, and that's what differentiates us from the other firms. OF COURSE we sell property! We ALSO treat our clients like people who have needs and real concerns, and we take every step possible (like publishing this blog?) to get you all the information you could possibly need, so you always make the most informed decision possible.