What Investors Should Know About Mixed-Use Properties in New Britain

A mixed-use property contains three or more land uses, such as residential, retail, and parking within a carefully designed walkable community in the same or adjoining structures. Mixed-use falls under the commercial property category. You will frequently see an example of mixed-use real estate in commercial buildings located on busier thoroughfares with both offices and … Continued

4 Reasons Why You Should Work With a Property Wholesaler to Sell Your House in New Britain

Property wholesalers are a valuable option for homeowners in New Britain who possess properties that may not typically attract attention on the MLS. These wholesalers act as intermediaries between property owners with distressed properties and investors who are often cash buyers seeking quick investment opportunities. By charging a nominal fee, property wholesalers bridge the gap … Continued

How to Rezone a Property in New Britain

There are many reasons to seek rezoning; as a real estate investor, you are likely to encounter the need for rezoning, typically when developing land for specific purposes, be it housing developments or commercial enterprises, industrial, agricultural, or a mixed-use.  Zoning is often outdated, and commissioners are perfectly willing to update zoning. Be prepared for … Continued

5 Ways to Handle Bad Tenants in New Britain

Dealing with tenants who fall short of your initial expectations can be emotionally draining, especially when their behavior doesn’t align with the positive referrals or information provided during the application process. In such challenging circumstances, having a helpful guide outlining various options and steps to address the situation can be invaluable in relieving stress for … Continued

What Investors Should Know About Sub-Dividing Land in New Britain

Land is a finite resource, and its scarcity contributes to its increasing value over time, making it an attractive investment option. Similar to house flipping, land can be subdivided to maximize profitability. Subdividing land allows for the sale of smaller portions, attracting buyers with more affordable prices and expanding the potential buyer pool, leading to … Continued

5 Misconceptions People Have About Professional Home Buyers in New Britain

It’s important to note that the above points are generalizations, and it’s always advisable to research and vet professional home buyers in New Britain to ensure they are reputable, experienced, and suitable for your specific circumstances. When considering such a significant and vital financial transaction as selling your home, when you believe information that is … Continued

5 Questions to Ask When Buying An Investment Property in New Britain

Remember, these questions serve as a starting point, and it’s essential to conduct thorough due diligence, seek professional advice when necessary, and adapt your questions based on the specific market conditions and investment objectives in New Britain. Education Successful real estate investment portfolios do not just happen; investors build them through careful planning. But, first, … Continued

5 Tips for Buying a New Britain Investment Property Sight Unseen

Buying a property sight unseen can indeed offer opportunities for investors, especially in today’s digital age. Here are five additional tips for purchasing a New Britain investment property without physically visiting it: Features Take advantage of all the internet has to offer, sorting through properties at lightning speed is a simple task, just check off … Continued

Neighborhood Features New Britain Investment Buyers Should Look For

Property value is influenced by more than just the physical aspects of a home or its boundaries. While real estate professionals often emphasize the importance of “location, location, location,” these three words encapsulate a complex concept. If you’re searching for investment properties in the New Britain market, having a checklist of specific features that contribute … Continued

Is Buying a New Britain Foreclosure Really a Good Idea?

Laying the groundwork for growth should include several New Britain market sectors, including foreclosures which can hold much potential for investors. Appropriately done, foreclosures are highly profitable investments due to the typically low cost to buy and instant equity—upgrades and renovations upon ownership quickly increase the equity further.  There is an advantage in purchasing a … Continued
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