{"id":998,"date":"2011-10-27T12:16:55","date_gmt":"2011-10-27T12:16:55","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=998"},"modified":"2011-10-27T12:17:03","modified_gmt":"2011-10-27T12:17:03","slug":"10-important-tips-to-successful-real-estate-investing","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/10-important-tips-to-successful-real-estate-investing\/","title":{"rendered":"10 Important Tips to Successful Real Estate Investing"},"content":{"rendered":"<h2>10 Important Tips to Successful Real Estate Investing<\/h2>\n<h3>Become great\u00a0 at Real Estate Investing &#8211; 10 Important Secrets<\/h3>\n<p>When it comes to <b>Real Estate Investing<\/b>, everybody has certain goals and aspirations. However, we have found that there are certain guidelines every aspiring real estate investor needs to know:<\/p>\n<p>1. When deciding to jump into <i>Real Estate Investing<\/i> Compare Property Values and Rents<br \/>\nFinancial statistics only go so far; the best measure of a property&#8217;s market value is often the sale prices of nearby properties. The same holds true for area rents. A low price can often be justified by a reasonable rent; renters who can afford a high rent can afford to buy instead, so reasonably priced rent is a need.<\/p>\n<p>2. Be careful &#8211; Tax laws may change when it comes to <u>Real Estate Investing<\/u><br \/>\nDon&#8217;t base your tax investment on current tax laws. The tax code is constantly changing, and a good investment is a good investment regardless of the tax code. The right property with the right financing is what you should look for as an investor.<\/p>\n<p>3. Specialize in something you Know<br \/>\nStart in a market segment you know when you begin Real Estate Investing. Whether you focus on fixer-uppers, foreclosures, starter homes, low-down payment properties, condominiums, or small apartment buildings, you&#8217;ll benefit from experience by specializing in one aspect of investment real estate properties.<\/p>\n<p>4. Know the Costs going in!<br \/>\nKnow the financial statements inside out. What are operating expenses? What are loan payments? Vacancy costs? Taxes? What does the cash flow statement look like? These are key issues that must be addressed before making a solid Real Estate Investing plan.<\/p>\n<p>5.To be successful at this type of Real Estate Investing know where your tenants are coming from.<br \/>\nIf the last rent increase was recent, your tenants may be considering a move. If tenants have a short-term lease, they may be living there simply to attract unsuspecting buyers. It is also important to collect the tenants&#8217; security deposits at closing.<\/p>\n<p>6. Assess the tax situation<br \/>\nTaxes are an integral part of successful Real Estate Investing, and they often make the difference between a positive cash flow and a negative one. Know the tax situation, and see how it can be manipulated to your advantage. It may be a good idea to consult a tax adviser.<\/p>\n<p>7. Investigate insurance coverage while planning your Real Estate Investing ideas.<br \/>\nIf seller&#8217;s coverage is based on lower-than-current replacement value, your insurance cost may increase when you pay a higher purchase price.<\/p>\n<p>8. Confirm Utility Costs<br \/>\nAsk the local utilities to verify recent utility expenses, especially if any of these costs are included in your tenant&#8217;s rent.<\/p>\n<p>9. Consult Your Accountant about your plans for Real Estate Investing.<br \/>\nTaxation is a key element of successful real estate investing, so be sure to find an accountant who is well-versed with the constantly evolving tax code.<\/p>\n<p>10. Inspect!<br \/>\nMake sure that you always perform a thorough inspection of the property before buying it. Never, ever buy any property without at least examining the site. In some cases, hiring professional inspectors to examine the structural mechanical system may be a sound Real Estate Investing plan.<\/p>\n<p><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2011\/10\/images2.jpg\"><img decoding=\"async\" class=\"alignnone size-full wp-image-1004\" title=\"investing2\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2011\/10\/images2.jpg\" alt=\"Real Estate Investing\"width=\"237\" height=\"213\" \/><\/a><\/p>\n<p>Visit my site soon for more updated information!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>10 Important Tips to Successful Real Estate Investing Become great\u00a0 at Real Estate Investing &#8211; 10 Important Secrets When it comes to Real Estate Investing, everybody has certain goals and aspirations. However, we have found that there are certain guidelines every aspiring real estate investor needs to know: 1. When deciding to jump into Real &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/10-important-tips-to-successful-real-estate-investing\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[5,4,9],"class_list":["post-998","post","type-post","status-publish","format-standard","hentry","category-real-estate-tips","tag-anthony-didonato","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>10 Important Tips to Successful Real Estate Investing - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/10-important-tips-to-successful-real-estate-investing\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-important-tips-to-successful-real-estate-investing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-important-tips-to-successful-real-estate-investing\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"10 Important Tips to Successful Real Estate Investing\",\"datePublished\":\"2011-10-27T12:16:55+00:00\",\"dateModified\":\"2011-10-27T12:17:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-important-tips-to-successful-real-estate-investing\\\/\"},\"wordCount\":541,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-important-tips-to-successful-real-estate-investing\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2011\\\/10\\\/images2.jpg\",\"keywords\":[\"Anthony DiDonato\",\"Real Estate\",\"tips\"],\"articleSection\":[\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-important-tips-to-successful-real-estate-investing\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-important-tips-to-successful-real-estate-investing\\\/\",\"name\":\"10 Important Tips to Successful Real Estate Investing - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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