Investing in Real Estate is a very lucrative business in the Coralville and Iowa City are. There are a couple of reasons for that. First and foremost, is that Iowa City is a very transient town, due predominantly to the University of Iowa and the UI Hospitals. The consequence of that is that along with a very strong real estate market for home sales, there’s also a thriving rental market. The constant turnover of people moving to and from the area and the possibilities the arise from that fact means our real estate market is not just popular with local investors, but also out of state investors.
Getting a decent return on your investment of course is your main goal if you’re thinking of getting into the investment game. There are a couple of ways to go about doing that. From my experience in the Iowa City area, that’s usually done in one of two ways. Either you find a good rental property where you can get a good return on investment that provides a steady and consistent cash flow. The other is to find a “fixer upper” to flip for a good price. For either scenario you as an investor are no different to any other buyer. You need to find a house that will fit your needs. That’s where we come in. Working with good real estate agents and a company that is committed to finding you exactly what you’re looking for is your best chance of success. We don’t upsell or try and talk you into something else. The plan is to listen closely to what you have in mind, find you what you need and then see to it that you get to the closing table. We’re also there for you after the sale. The fact is, you hire an agent for what they know just as much as for what they do. Knowledge of the real estate market is perhaps even more important to an investor. For you buying the house/condo/apartment building is not an emotional journey for the “dream house.” It’s about making a smart business decision. We can help with that. Just give us a call at 319-400-0268 and we can get started on building your portfolio!