A Top Cookeville Real Estate Agent Perspective on Cookeville & Middle Tennessee Market and Life: An investment Real Estate property in Cookeville, TN

Cookeville Tennessee Sounds Good to me, Why? Let us see...

"Cookeville, Tennessee sounds good to me" is a slogan that cannot be any truer for my family and me. We had the chance before moving to the land of the Smokies to move to California. A visit to San Jose California and a look at the real estate market was enough to scare us away. Our friends thought we were making a mistake, we just had a feeling it will be a good move. We were not sure, however, what to expect in the South, but soon we were happy we selected Cookeville as our new home. We were soon able to see the housing affordability and the ever increasing cultural and entertainment opportunities from professional football to ice hockey, from Country music to nature melodies in state and national parks. Discovering Dollywood in our backyard was as exciting to us as our three children.

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Wednesday, September 30, 2009

An investment Real Estate property in Cookeville, TN

At a time when the bank offers a little more than 0% in interest and a real estate market that has been depressed to unprecedented levels, it is hard to ignore some of these values available in the market in Cookeville at the moment. Investment properties, especially those that need some minor repair and can be used as rental property have special appeal. A rental property needs to be selected carefully however. The property has to be in the right location and in an area with a good history of rent-appeal. The mortgage to rent value has to be favorable and should provide a positive cash flow. Below is an example of a property that fits all these characteristics.

This property is just listed. It a great town house in a great location few minutes from down town Cookeville. This listing is priced to sell @$72,000. It makes a great investment property or a great home for first time home buyers. This town house in Ridge Crest is in an area where rental properties are extremely hot. For more information on this property call (931) 239-4678 or email Reham: reham@rehamsellshomes.com.