If you are reading this, chances are that you are sitting in a home or apartment that you pay someone else to be in. Whether it is a mortgage through a bank or rent through a landlord, each month, money leaves your pocket and is deposited into someone else’s. It’s time you took charge of your home and your money and made both work for you. This dream is possible through real estate investment with the help of a real estate investment firm.
There are two ways to initially invest in real estate as a landlord. The first is as a short-term investor. These investors seek out a property which they can then rent out to cover the costs of the mortgage and taxes as they make renovations in order to increase the value of the property. In this scenario, the tenant pays the costs of upkeep and finances the renovations. The key to garnering value in this situation is threefold. First, one must find the property. A real estate investment company knows which neighborhoods and properties hold the most potential for short-term investing. They are aware of the areas that have low vacancy rates, which ensure that you will be able to find a tenant, as well as those which are burgeoning and will return the highest rents. Once you are able to cover the costs of the property, you can begin renovating which will increase your rental rates and provide long-term income for yourself or increase the overall value of the property to a future landlord. From start to finish, a real estate investment company is able to help you find the property, make the most profitable renovations, and ensure that you are able to sell the property to another investor when the time is right.
If you are looking to invest long-term for a capital return, a partnership with a real estate investment company is the first step. Just as with short-term investment, they are able to find a property that suits your needs and goals, but will also be with you throughout your ownership, acting as a guide and providing assistance with networking in finding tenants, making renovations, and managing the property over time. Long-term investing is all about capital gains. Capital gains are acquired through holding property, covering costs through tenancy, and waiting for the property to appreciate in value. The only way to predict appreciation is with years of experience in the specific market, which only an established investment firm has. These firms are long-standing and have seen the ups and downs of the specific market. They understand, better than anyone, the past and future trends, as well as the needs of agents, insurers, and other investors. With the experience of an investment company, you can be sure that your investment will appreciate in value, providing you with the capital you seek to continue your investment journey into your next property.
Property Bridge is part of a nationwide group of investors who are helping tens of thousands of homeowners every year. We may not be the “traditional” route, but we can help and we can do it quickly.
Give us a call today at (662) 545-4700 to let us know what you need help with!