Questions beginning investors often ask – #1

1.  Why should I move from just stocks to having investment property?

A)      You can buy property with anywhere from 0% to 30% down-whereas with other investments you typically must invest the full purchase price.

B)      Investment properties tend to offer good CASH FLOW only if you put a lot down. What drives most investors instead are the TAX SHELTER (including depreciation, a tax benefit other owners don't get) and APPRECIATION (which is often the biggest benefit).

C)      Once you own two properties where you have 10% or more equity in each, leveraging can become the name of the game. Two properties can become three and then four-all while minimizing the cash needed for each purchase (see #4 below).

Visit our website to read more about Chicago multi-family homes with two or more flats.