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Article Title: Effective Investment Property Florida Research and Purchase
Author: Jason Dodge
Category: Buying, Real Estate, Wealth Building
Word Count: 557
Keywords: Investment property Florida,property investment, realtor, investment 
properties, Florida area
Author's Email Address: [email protected]
Article Source: http://www.articlemarketer.com
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Do you have what it takes to be able to make a sound decision on investment 
property Florida? Do you have the requisite knowledge and experience to become 
an astute property investor? This is just a few of the critical questions that 
need your honest answers if you are seriously considering property investments. 
Professional expertise and accurate research are the major ingredients of 
property investment. These are the major elements that you must focus on when 
you want to become a successful property investor.

It is a sound business practice to engage the service of a reputable and 
professional realtor who has the competency in making proper distinction and 
identification of investment properties with the highest earning potentials 
within the your area of preference. The realtor can provide you with the inside 
information on attractive and emerging property investment options in the 
Florida area. If you decide to work with one, you are in effect saving time and 
effort while providing your self access to more opportunities and choices in as 
far as investment property Florida are concerned.

Researching on the Past and Present of Investment Florida

There are several important industry information and property data that you 
must have access to when planning to invest in properties in Florida. For 
instance, it is important that you have information about the history of the 
property. You must have the record of any upgrades that may have been done on 
the property. You also have to ascertain its overall condition. Is the property 
waterproof? What is the condition of its electrical and plumbing systems? 

Once you are ale to cover all the essentials aspects of the property, the next 
thing that you must do is to check the tax assessment data and other relevant 
market information to establish the trend in the value of the property you are 
interested in. 

A competent realtor must be able to give you valuable inside information about 
the conditions in the neighborhood. In cases that the realtor does not have the 
information, he or she must have the initiative to make the verification so 
that you can be able to account for this critical consideration when making 
your final decision. This is normally done by speaking with those residing in 
the area at various times of the day and also during the weekend. Your realtor 
must also have to check with the homeowners association for the general 
guidelines, fees and requirements for rental properties. 

Consider your Bottom Line

It is important that you clearly understand you goals and objectives for 
investing in properties in Florida. Are you buying the property for your 
personal use? Are you investing on rental property? Are you going to use the 
property for your business? Or, are you planning to upgrade the property with 
the intention to resell?

Once you fully establish your goals for investing in properties in Florida, you 
can now start assessing your bottom line. Are you going to use your own funds 
to purchase the property? If not, you will have to take into account your 
mortgage payments. At this point, you must have to require your realtor to 
assess the potential earnings by looking at the current rental rates in the 
area and determine whether it is sufficient to cover the monthly loan payment 
obligations and the costs associated with the management and maintenance of the 
property.

Jason Dodge has been investing in real estate since the early 90's. He 
specializes in getting money for investing and recommend the free training at 
http://www.InvestSteps.com
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