"The Realtor with a Heart"
We came to Greenwich CT. from NYC. after walking around, found Nina Robinson. She dropped everything to take us to see her town. She was cordial, professional and I liked what she had to say. At first we found a rental and rented a two bedroom. We then realized how much we loved living here with a nice commute time, and finally bought a home. We now live in Riverside CT. Since then, we went to England and Nina rented our home and is not only our supperb Realtor, but our friend. She cares for detail. I recommend her fully.
Mr. and Mrs. C. Trindade
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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 famous American sign was originally erected as a real estate ad?
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| A |
The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland." |
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