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Towny Mustin Explains How to Evaluate a Potential Rental Property

Rental properties offer several benefits to real estate investors who know and understand to evaluate potential properties. A celebrated name in the real estate industry of Utah, Robert Townsend “Towny” Mustin believes it is important to set your goals and define your expectations before you make an investment.  TownyMustin has more than thirty years of experience as a real estate agent. Before he views any potential rental properties, he determines whether those prospective investments will get him where he wants. He has ways to evaluate the potential rental property to see whether it will offer the returns needed on the investment.  Before going into the discussion, an investor must ask the basic question of why you should invest in real estate. To this, Mustin has a powerful and straight answer. He said that ninety percent of all millionaires are made through owning real estate. Though he doesn’t promise that you will become a millionaire through real estate, but he can’t promi
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Towny Mustin: Rentals are Great Investment in Utah

A real estate investment is a generally valuable and safe investment. Unlike many other assets, real estate property tends to appreciate over time. A Salt Lake City real estate agent Robert Townsend “Towny” Mustin, believes Utah, in particular, is a great place to invest in a rental property. Currently serving as a member of the Realtor’s Board for the State of Utah within the Division of Real Estate, Towny Mustin has experience of more than three decades in this field. Utah is the fastest-growing state in the country. In addition, the average price of houses has risen quicker than the country’s average and is predicted to continue in the rising trend, according to Towny Mustin .  Mustin enumerates an array of benefits for obtaining rental properties in Utah: Purchase with the means of Leverage You can borrow money from a bank or someone else to rent a property, increasing the potential return. This is referred to as Leverage. In short, you don’t have to have the complete purch
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