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Find Out About the Latest Chester, Mendham and Long Valley Area Homes for Sale Before Anyone Else! 

I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the Chester, Mendham and Long Valley, New Jersey area MLS, and even later on the national listings web sites, if at all. 

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Real Estate Tips
Investment Real Estate >Investment Real Estate

While it is impossible to predict what a particular house will be worth at any point in the future, single family homes have a track record of being excellent investments. If you want to take the plunge, what should you look for in an investment property?

Location is the prime factor. A great location will make a property easier to rent or sell later on for top dollar. You should also consider the cash flow situation. It is often difficult to break even or show a profit from your rental income for the first few years of owning a property. Assuming the property will appreciate as you own it, you should consider the potential amount of equity you will build up each year. If you are planning to become a landlord, it is a good idea to consult a real estate agent and an accountant to help make sure that your decision to purchase investment real estate is an informed one.

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Real Estate Trivia
Q 
Where is the world's largest mud building?

A 
The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season.
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Deborah Herridge, REALTOR®, real estate agent and broker for Chester, Mendham, Long Valley and Morristown, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Deborah Herridge
Keller Williams Towne Square Realty

55 Madison Avenue
Suite 400
Morristown, NJ 07960
Direct: 201 400 2980
Office: 973 539 1120
Fax: 201 299 4819
Deborah@TheHerridgeGroup.com

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