As an investor, you know what you want to see in a residential investment property Frisco TX. But if you are looking into expanding your investments into rental property, it is nice to have an expert to help you.  In a world with TV shows about everything from flipping houses to buying and selling investment property, many people can be lulled into thinking the process is an easy one.  It is not!  You need to know a few things before you step into this new land if it is your first time buying an investment property in Frisco Texas or the first time buying in this market.  Here are a few important things that are the same regardless of where and when you buy. Take these to heart and your enjoyment of your investment can last for years to come!

• Buy your property at the right price
• Know the right neighborhoods to buy in
• Understand the local regulations regarding rental property
• Make sure parking is adequate for the property
• Look for simple designs in a home
• Understand what type of foundation you are dealing with and the pros and cons of each
• Have the property inspected for safety concerns prior to buying
• It is much easier to manage properties close to home
• Bigger homes are not always better
• Know the utilities and costs for the home

If you will follow these simple guidelines when you consider purchasing investment property, you will be much happier.  Do your research and then trust a professional realtor to help you find the homes.  Iryna Mitchell has helped many investors over the years make successful purchases for their portfolio.  With her experience of past success to rely on, you can feel more secure about your selections.  We would love to help you find your next investment property and make the process an enjoyable one.  Call Iryna Mitchell today at 903.439.5454 to get started!