Rochester Lawyers / Common Real Estate Investment Mistakes

Common Real Estate Investment Mistakes

As an experienced Rochester Real Estate Lawyer, I often get questions about what precautions to take when buying real estate investment property. Watch the video to learn about some of the most common real estate investment mistakes to avoid when investing in real estate property.

  • The first mistake people usually make is buying real estate in a bad location. You may get a good deal on the price initially, but if the house is unsellable later due to the location, the savings won’t be worth it.
  • A second mistake is not checking the utility costs. Not only will this give you insights about the energy efficiency of the home, it will also help you budget for the future.
  • Another common mistake is not checking zoning or building violations. If violations exist and go uncorrected, legal proceedings can commence against the property owner.

Are you considering purchasing real estate and want to make sure you don’t make some of the most common real estate investment mistakes? If so, contact experienced Rochester Real Estate Lawyer Robert Friedman for guidance. He has over 30 years of experience and offers legal consultations. Let his experience work for you.

This educational legal video was brought to you by Robert Friedman, an experienced Rochester Real Estate Lawyer.

Recent Blogs

What are the Steps to Buying a Home in Rochester?

As a Rochester Real Estate Lawyer, first time home buyers often ask me what the [...]

What is a Rented Property Rider?

I am often asked whether or not real estate investors should use a rented property [...]

Rochester Real Estate Attorney Discusses Closing Costs of a Foreclosed Property

I am often asked as an experienced Rochester Real Estate Attorney, about closing costs for [...]

Rochester Real Estate Lawyer Examines the Common Mistakes Real Estate Investors Make

The most common mistake I see real estate investors making as a Rochester Real Estate [...]

Rochester Real Estate Lawyer Examines The New York Property Condition Disclosure Act

The New York Property Disclosure Act is involved whenever properties of one to four families [...]

Rochester Real Estate Attorney Discusses the Role of a Lawyer in a Land Purchase

Nearly every week, someone asks me as an experienced Rochester Landlord Tenant Attorney, “Well, the [...]

Rochester Real Estate Lawyer Explains Environmental Liability Issues

As an experienced Rochester Real Estate Lawyer, I am often asked about liability matters for [...]

Rochester Real Estate Lawyer Discusses Common Mistakes Clients Make

As a Rochester Real Estate Lawyer, I often get questions about what precautions to take [...]