Investment PropertY
Are you looking for ways to produce income from investment properties?
Investment properties are income-producing real estate assets that will generate profits either on a recurring basis or in a single transaction. Properties that generate recurring income may be organized to do so at your convenience, in any increments of days to years. Investing in income producing properties can either be a passive or an active income investment, depending on your real estate investment strategy. Understanding your risk tolerance, time commitment, and experience are all important factors to consider when choosing your investment route. Our team of professionals will build the best investment property portfolio to fit your financial goals.
Our approach
Our unique approach to investment property needs are divided into four categories:
1. Advisors
2. Active Coaching
3. Partnerships
4. Networking
We understand that everyone has unique needs and financial goals. We aim to meet those needs by applying years experience and education. We aim to create SMART goals ensuring the goals are specific, measurable, attainable, realistic, and time bound. In addition to providing uncompromising customer service.
Working with our advisors is the first step to understanding your specific needs. Once meeting we develop the best investment property portfolio to fit your financial goals. This also includes identifying the needs of active coaching, partnerships, or networking.
Our active coaching approach ensures that our staff works with you from beginning to end of any and all investment strategies to set you up to be successful. Our stuff will help guide you through the pitfalls of planning and execution but understand there are financial risks involved and all risks are assumed by you but our staff will help guide you and work with you to mitigate.
The partnership approach is similar to the active coaching approach the differences between the two are defined. While the financial risks of the active coaching approach is assumed by you, in the partnership the risk are shared equally. Partnerships are designed to be entered into for projects that more complex and requires more capital. There are exceptions and the partnership approach is available for less complex and low capital with the same benefit of shared risk.
Lastly there is networking the single most important approach. Networking allows for like minded professionals to share experiences, resources, knowledge different regionally markets, etc. Our network of investors, Realtors®, contractors, etc. will all be available. We look forward to working with you and adding you to our ever expanding network.
Long-term rental properties
Long-term rental properties are usually rented out for long periods of time, typically a year or more. These rental properties may come furnished or unfurnished. Long term rentals are meant to provide tenants with living accommodations with the terms documented through a lease agreement. They provide a relatively constant stream of income. Consequently, a long term rental may also require more active managing compared to other investment property options depending on the terms of the lease agreement. in addition they must also follow local, state, and federal regulations.
short-term rental properties
Short-term property rentals have become an increasingly attractive investment option for individuals. These rental properties will typically be furnished and may offer complementary services and/or attractive amenities. Short-term rental properties are prefect alternatives to conventional hotel or resort style communities. Successfully leveraging rates, locations, amenities, and services are key to ensure bookings are not just seasonal. Income from these rentals may fluctuate from month to month but presents the opportunity from an higher return. in addition offers unique key tax deductions and personal use at any time which can be written off. Managing and marketing short term rentals can be managed more efficiently thanks to platform such as Airbnb, Vrbo, and HomeAway just to name a few and using local cleaning services.
Flipping Properties
Flipping properties is one of the most poplar real estate investment strategies. Flipping properties is a term used to describe buying a property and investing in improvements to increase the property value in hopes of selling for a profit. Positioning to selling the property for a profit is not the only avenue to generate income. Instead of selling the home you can opt into the popular BRRR method buy, renovate, rent, and refinance which can be leverage as a long or short term rental property which then can be held and sold within a seller’s market. Flipping properties can be difficult with pitfalls such as not having sufficient capital, under budgeting, lack of knowledge of permits and building codes, hiring unqualified/under insured contractors, etc. Avoiding these pitfalls and choosing the best hold or exit strategy can lead to significant returns on investments.
WholeSaling properties
Wholesaling properties is another great real estate investment strategy to generate income. Real estate wholesaling involves going into a contract on a home with a seller and then finding an interested party to buy it. The wholesaler contracts the home with a buyer at a higher price than with the seller, and keeps the difference as profit. Real estate wholesalers generally find and contract properties that are distressed, vacant, tax delinquent, or has motivated sellers. Wholesaling is very attractive investment as it requires very little to no capital to start and presents the opportunity for significant profit margin without ever owning the property. It does require time, patience, and superb network/marketing skills.