Stocks go up ... stocks go down. Economies ebb and flow. The value of real estate rises and falls. No single investment can promise uninterrupted profit. That's why savvy investors diversify their holdings.
Since real estate - like the stock market - tends to ride out
its ups and downs well, providing good long-term results, record numbers of
people have been buying second properties as investments. Purchases have risen
25% over the last five years to $50 billion. In fact, forecasters expect Americans
to purchase 3.6 million second homes over the next 10 years. That's about
1,000 a day!
Is it the right time for you to follow this growing and potentially rewarding
trend? This guide will help you make that decision.
Download our Investment
Property Guide and read about the following topics:
Adding a Home to your Investment Portfolio
Understand what an investment property is and why the real estate trend is so popular.
Things to Consider Before Investing
Before you get started, you'll want to determine whether or not it fits your financial plan.
An Expert Home Team Makes a Big Difference
From real estate agents to appraisers, developing a strong network can work to your advantage.
Follow Up Teamwork with Homework
We encourage you to do some research on being a landlord, to study the rental market and to determine your potential cash flow.
Renting Your Investment Property
Now that you have your property, how do you find the right tenants? We'll suggest some criteria to help you set your standards.
Maintaining Your Investment Property
As an investment, it's crucial to keep your property in the best shape. Find out if hiring a property manager is right for you.
Additional Resources
Use our handy real estate listings decoder and review our helpful checklist to help you get on your way.
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The Prudential Insurance Company of America. Equal Housing Opportunity.