Real Estate Investment Strategies – The Five W’s That Matter
Investing in real estate is a great way of building wealth and diversifying your investment portfolio when you have delineated creative and carefully planned Real Estate Investment Strategies. Relying on hearsay information has a high risk of leading your savings astray because investing in illiquid assets, such as real estate, is a lot more complicated than investing in liquid assets such as stocks and bonds. Assembling a great team of a real estate agent, loan officer, tax advisory, lawyer, and so on for your search is crucial for taking advantage of the fertile ground that real estate market offers. Whether you treat your investment as a way to own a house or a way to create future profit, you will greatly benefit from using our five W’s approach.
- WHO is the future of the real estate market?
The millennial generation is now entering into work force, and they are reshaping every aspect of the world including real estate market. Millennial generation is low on money, and they are after affordable studios or condominiums currently. When they accumulate enough money to become homeowners, their habits will surely change.
- WHERE to invest?
Millennials love socially conscious, and creative environments, and they are apt to turn everywhere they go into such places. Neighborhoods outside bustling urban hotspots like Austin, Salt Lake City, San Diego, Los Angeles, Denver, Washington DC, Houston, Las Vegas, Dallas-Ft. Worth, San Francisco, New Orleans, and Nashville are some examples for where the Generation Y is headed.
- WHEN is the right time for real estate investment?
Best time to invest in real estate is whenever you feel you are in financially good shape. If you can pay for your recurring living expenses, such as your rent or mortgage, car payment, insurance, and utilities with no sweat, then you are ready to make real estate investment. You can start small, and then gradually grow your real estate portfolio over time with the cash flow coming from your initial investment.
WHY to focus on residential properties?
Because they are the easiest to comprehend, buy and run! If you already have a home, or even if you live in a rental home, you have a good grasp of the inflation rate on rental prices, tax rates, average maintenance costs, appreciation expectations, etc.
- WHAT are other things to consider?
- Insulate your investment against potential losses.
- Size and complexity of investment matter when it comes to financing options. For apartments that have more than five units, commercial, retail and industrial buildings, loan fees and interest rates will be higher.
- Keep things simple at first and build your portfolio as your experience grows.
No matter what the who, when, where, what, and why of your Real Estate Investment Strategies is, finding the properties has never been easier. Homes are flooding these markets and are readily available if you know where to look. We have the ability to find and evaluate for their investment potential. Using a wholesaler with a proven record can save you a lot of time and effort. Go to our Buyers Page and tell us exactly what you are looking for. We will let you know when we find the right properties for you.