Wanting to buy a secondary property is fairly common around the Bay Area. Moving up while keeping your current home can have some serious benefits, but is it always a smart move? Today Joe walks us through considerations to be addressed before buying that second home such as breaking down what your financial situation could look like and how your equity position influences this decision. He also discusses variables to becoming an investor and landlord. Should you manage yourself or hire a property manager? What are the short and long term strategies for your property?
If you wish to contact Joe Cucchiara or any of our other hosts, simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.