First investment? Here are some property tips

FALLBROOK – Considering your first investment property? When done right, it can offer steady cash flow and financial security. It says a lot as to why successful entrepreneurs and investors like to acquire property as part of their investment portfolio. Keep these in mind as you purchase:

Research the real estate market

• Property values. Know what the actual values are in your area, not just general property value estimates in the media or online. Your local real estate agent can help you get this type of information and more.

• Market rents. You will need to know what the rental prices are i...