Welcome to Harp and Associates Real Estate Company!

We are a full service Real Estate Company with offices in Harrison, Arkansas and Jasper, Arkansas. We cover a large area from south of Branson, Missouri to the Ozark National Forest. Mix in the Buffalo National River, Bull Shoals Lake, Boone County, Newton County, and we are truly the crossroads of the Ozarks!
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Find your next home, real estate property, or acreage in Harrison Arkansas, Jasper Arkansas, Newton County, Boone County, and surrounding areas.

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We will get you the best price possible for your real estate property in Harrison Arkansas, Jasper Arkansas, Newton County, Boone County, and surrounding areas.

Featured Blog Post

Real Estate in Harrison AR as an Investment

Posted on April 2nd, 2012

To quote Edgar Allen Poe "It was the worst of times, It was the best of Times". The worst of times is painfully apparent. An economic downturn fueled by the housing crisis has resulted in historically low interest rates and declines in home values. Even Real Estate in Harrison AR has been drastically affected by economic downturn. However this has made it the best of times as far as real estate income competing with Certificate of Deposits or other fixed rate investments.


The old rule of thumb for residential investing was to search for property that would rent for one per cent of the purchase price per month. In other words, a home purchased for $70,000 would need to rent for $700 per month. Rarely do these numbers come together these days. However, with interest rates so low, that formula can be modified and stll achieve a healthy return on investment. For instasnce a house purchased for $65,000 rented for $550 per month would give a gross return of 10%.

Allowing for maintainence, taxes, and insurance one should still be able to achieve a 7% net return. There are also tax advantages to consider and should you decide to leverage (use some borrowed money) results could be even better. There is no guarantee of course and management is required. Harp and Associates does have a property management service if you want to only be an investor. To avoid costly surprises I recommend a maintainence fund be set up and funded each month. This fund is used to cover repairs and protect against a month when the property is vacant.

We are always glad to discuss Real Estate in Harrison AR. Whether it is about rentals, purchasing, selling, or investing, we are here to assist you in any way we can.

Written by Jim Harp
Harp and Associates Real Estate Services
Your Source for Real Estate in Harrison AR

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