Looking to retire with a pile of cash? Or have a monthly income for not having done anything but being financially wise when you were younger? (NOW?) Then you need to talk to us about Real Estate Investment in Winter Haven, FL.
Today I'm talking about the "Buy and Hold" method of investing in real estate. You can also look into being a real restate "Flipper" that buys a run down or distressed home, renovates it, and sells for a profit, but this post is not about that style of real estate investment.
Check out some potential Real Estate Investments here!
Did you know that 90% of MILLIONAIRES became so through Real Estate?!
It doesn't matter if you are a first time investor, or a seasoned landlord. If you are looking at increasing your portfolio with real estate holdings, call us at 863-333-5053 today!
The saying goes "Don't wait to buy real estate, Buy real estate and wait!" Thats great, but what does it mean?
There are several benefits to owning real property.
1- Leveraged- You put a percentage down and a bank finances the rest. That means you don't have to come up with $400,000 to buy a $400,000 property, generally around 25 to 30%!
2- Appreciation- You buy a property now and in the future it is (usually) worth more than what you paid for it, putting equity in your pocket!
3- Collected Rents- As a landlord, you have tenants that pay you monthly payments that covers the cost of your mortgage, taxes, and insurance, as well as putting some money into your pocket every month. This means whenever you sell your property, the tenant has paid the balance owed down, which means you've gained equity every month.
4- Tax Benefits- This is a question for your own CPA or Tax professional, but owning real estate offers several tax benefits to you as owner.
The list goes on, but you get the idea!
However, being a landlord is not for everyone. At Haven Realty & Investments we offer Property Management so you don't have to sweat the small stuff.