It's never too late to start a business and investing in real estate can be a great decision. Before diving in and building a business in real estate it’s good to know certain aspects of real estate investments, aspects that can be essential for its success such as how to get real estate financing. Investing in real estate is much easier than stock market investments. Research can be done easily, out on the street or even online. Technology comes in handy when investing in real estate because you can easily check out properties in another state or on the other side of the planet. There aren’t special requirements to become a real estate market player. The most important step is to begin somehow, because most of the times things roll over in time and a small investment can bring another one, and this one can link to another bigger investment and so on. This is how real estate businesses grow but the essential step you should make is to find real estate investment for your very first property and use leverage. A lack of leverage or real estate financing continues to hinder the majority of new investors in today's market simply because they are not aware of the different real estate financing avenues.
Archives for February 2018
14 Things To Know Before Investing In Rental Property
Many real estate investors long for owning a rental property for a passive income, increase in wealth and financial independence. Before stepping into rental property investing you should make sure that you invest some of your time in learning the market and its basics. In this blog we will be discussing all the things to know before investing in rental property. The most imperative question you have to ask yourself is would you like to be a landlord? Do you have the temperament to become one and manage your property and also address the complaints of tenants? It is easier said than done. Most landlords like to hire a property management company to handle all of this and pay them a monthly fee. The management of a rental property is a not an easy task for most of the investors. Differences between tenants, tenants that won't pay, sudden and costly repairs, long vacancies are some of the drawbacks of owning a rental property. But if you manage all the affairs very well, a rental property investment can become a steady source of income for your family. Best investors always do their due diligence before taking the plunge.
Housing Shortage Puts U.S. Real Estate Sales At All Time Low
The American real estate market could be headed for trouble. According to Reuters, the number of houses sold in the U.S. during December 2017 have come in at an all-time low.
The National Association of Realtors reported the decline after a three-month-long increase in housing sales. Residential housing sales dropped by 8.2%.
Additionally, single-family homes fell 11.8% while multi-family home sales rose only 1.4%. This is especially problematic as 83% of homebuyers report a high demand for single-family homes. However, American economists say the decline is understandable what with rising mortgage rates and the grand majority of the public being fully employed.
4 Real Estate Markets For Turnkey Investment Properties
Birmingham Real Estate Market
If you are thinking of buying Birmingham Investment Properties, you might be wondering whether it is a right decision or not. Well, for a start let us know a little bit about this beautiful city of Birmingham. It is in no doubt the most populous city in the state of Alabama.
There are several factors that have led to the truth of this statement. It is 330 square kilometers of land and 5.2 square kilometers of water. The city was first founded in the year 1871 AD. Since then, the city of Birmingham, Al has seen an upward trend in terms of its population growth. One of the factors that have led to this increase is its rich nature of mountainous ridges and good share of physical scenery. Since its year of discovery, the city has been an educational central of state of Alabama and has been the favorite destination of many educational aspirants who come here to seek the careers of their choice. 100’s of schools have been set up in the city of Birmingham and several top notch universities. The city’s ever growing population shows a need for real estate investments and developments for the good of the new growing population. Therefore, buying Birmingham investment properties is considered to be a wise decision by experienced real estate investors who know the market very well.
To read complete article on Birmingham Real Estate Market, click on the link.
To know what Is turnkey rental property investing, click on the link.
Atlanta Real Estate Market
If you are looking to buy an investment property in the Atlanta Real Estate Market, it is only common that you are on a constant chase for the best neighborhoods to choose in the housing market of Atlanta, GA. You must also know about a wide range of investment properties available in the Atlanta Real Estate Market, including their upsides and downsides. One of the investment properties that you can buy is a turnkey rental property, which is a completely practical option for new real estate investors who do not know how to fix and flip in real estate. In any case, before you can choose whether it is the correct investment option for you, you need to learn about turnkey property investing.
Should you buy investment properties in Atlanta Real Estate Market? Located in the state of Georgia, the city of Atlanta is a hotpot for any type of real estate investment. Atlanta has shown promising population growth and employment, which are two signs of a healthy real estate market. You can purchase investment properties in Atlanta for as low as $127,000. Comparing that to the national average, which is $152,000, that’s a pretty significant deal!
To read complete article on Atlanta Real Estate Market, click on the link.
Dallas Real Estate Market
Dallas real estate market offers some great profit-generating opportunities to all types of real estate investors. Whether you’re buying your first income property or just adding another one to the portfolio, Dallas real estate market is a great place to do so as it doesn’t get any more “location” than this. Dallas has a strong economy and a constant populations growth and will make your pockets bigger. As rents goes up smart investors should invest in Dallas real estate. Purchasing an investment property in the Dallas real estate market,whether it a single family home or a multifamily apartment is an investment that can pay out some huge benefits in the event that you have some experience and education in real estate investing. You have to know the best places to put your money in real estate so you must do some extensive research to find out the best neighborhoods in Dallas real estate market.
If you have decided to invest in Dallas real estate you can either buy a fixer-upper or you may want to buy a Dallas investment property. The Dallas real estate offers a wide range of turnkey investment properties; you just have to find your tenants to rent out the property. Hiring a local property management company can help in finding tenants for your investment property in Dallas. If it is your first time to invest in Dallas real estate, then you would have to be aware of common beginner’s mistakes. Beginners would usually follow the media, buy a property and wait for its value to increase. This could be risky. Real estate investing requires research. This article will help you in choosing some of the best neighborhoods in Dallas real estate market where it is most suited to buy an investment property. We recommend doing your own research and hiring a local real estate broker for guidance. You should also join real estate investment clubs in Dallas, Texas and try to make connections with fellow investors. To be effective in the real estate industry, a concrete marketing design is vital. The real-estate market is constantly changing in their methods on how to look for that right property.
To read complete article on Dallas Real Estate Market, click on the link.
Click on the link for the complete list of turnkey rental properties for sale in the some of the best real estate markets of the US.
Houston Real Estate Market
The Texas real estate market has been pretty quiet for a little under a decade now, but the real estate market in Houston has managed to remain relatively consistent while its surrounding areas have dragged their feet. There was a time when Houston seemed immune to the highs and lows of housing cycles, but it now seems to have joined the pace of the national average. But its rate of appreciation continues to be slightly above the national rate. The Houston Real Estate Market is becoming a hotbed of buyer activity that could be really beneficial for real estate investors; just ask the multitude of overseas investors who are choosing Houston as the city of choice to invest in for the foreseeable future.
With an extremely diversified economy and a huge demand for housing, the Houston real estate market remains one of the top markets in the US for real estate investing. The most recent population figures for the city show a figure of more than 2.3 million people, and the past two decades have seen billions of dollars in both public and private investment to develop areas and make Houston a more attractive place to live and to visit. Residential units, hotels, office buildings, restaurants; the city goes into 2018 with continuing development projects that promise to keep the real estate market strong.
To read complete article on Houston Real Estate Market, click on the link.
My Rental Retirement Strategy
This article was inspired by a series of posts by fellow early retirement bloggers about how to live off your wealth during retirement. They called this a retirement draw-down or withdrawal strategy, which, by the way, could be very different than your strategy to build wealth. I touched on my withdrawal strategy in How to Retire Early & Confidently Using Real Estate, but I will go into more depth in this article.
For me, a good retirement withdrawal strategy has two primary goals:
- Pay for all your current living expenses
- Not run out of money in the future
It turns out that rental income and other real estate investing strategies work great to achieve these goals. And real estate can make a big difference whether it's a small or large portion of your overall portfolio.
So, in the rest of the article I'll share ideas on how to use rentals for a retirement withdrawal strategy.
