Among the horde’s of tips and tactics for the real estate investor one principal stands out in front of all the rest : Buy the WORST house in the BEST neighborhood. It’s that simple….. on a strictly financial point of view it is the most important thing to do. The way it works is easy. As the best areas appreciate the fastest as they are in high demand even an old fixer upper is likely to keep going up in value along with the rest of the neighborhood…. The old saying of the 3 most important things when it comes to real estate are LOCATION,LOCATION,LOCATION are true. But when it comes to a couple looking for their primary residence it is hard to settle for a less desirable house over a house that rings all the bells….. But if you want the best chance at fast appreciation…. You know what to do!!
Just by learning a small amount of strategies you can make a HUGE difference in your financial Future! Thanks for reading,
This area has everything from beautiful parks and full service marina’s with plenty of restaurants and housing from apartments and condo’s thru small single family houses up to waterfront estates. The north part is up at main street and sanders ferry road parallels Drakes creek as it flows toward the main stem of the Cumberland river and Old hickory lake. Once on Sanders ferry road just off main street there are gas stations, restaurants, and other small business’s then you’ll see Mallard point park on the left. It is one of the most busy of the ramps in the area. As you travel down further you’ll pass two big full service marina’s and then you turn left to stay on sanders ferry road and then you enter sanders ferry park . Which is a huge (several hundred acres) park with the biggest launch pad around.
There is always plenty of houses for sale in every price range and as you can see you have your choice of a wide variety of options to chose from. This is a much busier peninsula than Indian Lake what with the extra people coming into the restaurants, marina’s, and other amenities that are offered here. Still, when you get off the two busy roads it is relativity quiet area….. if you like being close to the action, this is your spot! Once again this peninsula allowed for commercial development whereas Indian lake didn’t.
Imagine trying to answer that question when someone first presents that to you. So much depends on your own personal goals and desires. The great thing about the Nashville area is you can find a wide range of places to call home depending on your choices. If you do a search for “checklist for deciding what state to move to” https://www.google.com/#q=checklist+for+deciding+what+state+to+move+to you have plenty of things to read and consider, but always remember there is a lot of “real life” information that only locals can provide, such as traffic congestion challenges, crime area’s to avoid, etc
Along with your on line research I would suggest establishing a relationship with a Competent realtor who has your best interests as their goal. Most problems with real estate transactions can be avoided by choosing that rare person who truly believes in a fiduciary duty towards you as they help you achieve your housing goals. After that, It’s best to take the time to drive the area’s you are considering and talk to people such as small business owners, property owners ( yard and garage sales are a great place to talk and mingle with locals), and anyone else that may help you understand your new neighborhood. Once you narrow down your search area have your Realtor do a mls search for your perfect house and then you can decide which of the houses will be your new home! John and Debbie http://debbiemeyers.realtor
Not Long ago, Debbie was working with a retired engineer from the Chicago area. She corresponded with him for several weeks providing him with a ton of local info he requested. He was a “Numbers” man and had spent months researching and crunching data to determine that the best place to retire for him was going to be northern Sumner county from the Portland area out along Rt 52 towards Lafayette. Well eventually he and his wife scheduled a trip down here to see the properties that he was absolutely sure he was going to purchase. Well, as you may have guessed…. after we picked them up at their hotel on interstate 65 and started on our property tour they immediately were expressing many negative comments. Things like, “Oh I didn’t know that it was this hilly (back home our place was nice and flat).” I won’t bore you with the rest of the details with this couple, but my advice is this : Before you spend a lot of time and effort on finding the right house and land, go and visit the area you are considering before and drive around and check it out for yourself in person! Get a feel for the lay of the land, where the popular stores and restaurants are. See if you like in town, outside of town or way out in the country. Once you determine that part of the puzzle then you can start to get serious on your house hunting! Thanks for reading, John and Debbie When your serious about buying and or selling real estate, Get serious and give Debbie a call :
Just as there are many people who live on Indian lake peninsula there are numerous reasons why people move here. Here’s one: the view at the end of the peninsula where drakes creek enters the main part of old hickory lake: I’ll tell you why i decided to move to the peninsula : VALUE. That’s right, there is good value here , but you have to really look for it. Along with expensive waterfront houses there is a lot of older original ranchers with very affordable prices. If you really study the housing market in Hendersonville you can find many very good deals. And if you are considering a purchase in Hendersonville there is no better realtor hands down than Debbie Meyers http://debbiemeyers.realtor
Indian lake peninsula started to get developed after the formation of Old Hickory dam in the late ’50’s. By the 60’s many houses were being built and Hendersonville became “THE” place to be for many prosperous folks from Nashville. The lake became a big draw and really started to put H’ville on the map.
If you look at a map you’ll see that south of main street there are 2 peninsula’s with the lake at the south border of both. Indian lake is well known as the more prestigious of the two and for good reason. Most of the lots are about an acre (some a good bit more) and there is no commercial development allowed. The “other” peninsula is quite different with commercial businesses , marina’s, apartments, etc. … a lot more activity and more transient population. (i’ll be writing about the walton/saunders ferry peninsula very soon)
On Indian lake there are houses for every budget from older vintage ‘starter’ houses to lakefront mega-mansions… But you don’t have to have a waterfront house to enjoy the lake as Stark knob boat ramp is conveniently located on the peninsula… plenty of parking and it’s free to launch your watercraft!
So… if you like a quiet place to live, with a nice big yard and a boat ramp close by AND close to main street and the town — check out Indian lake !