INVESTMENT RENTAL PROPERTIES
Income. We all need it.
Owning a residential rental unit will bring you a monthly income stream with many tax benefits*, way more than what you can write off on your personal main residence. Buy low, sell high - right? It has probably now hit the down low cycle, so you should really take advantage of the new low prices and low interest rates.
The strategy of wealth building is diversification of income streams from job, pension, social security, personal home price gain, rental income, bond income, stock equity dividends and stock equity capital appreciation, and many other types, depending on your personal risk tolerance.
Interest in real estate investment triples!
Interest in purchasing real estate as an investment has more than tripled in the past year, according to a survey conducted by Move, Inc. Nearly 17 percent of potential home buyers said they plan to purchase a home in the near future as an investment compared with 5.6 percent in March 2009, according to the survey.
The survey also found more than 10 percent of Americans planning to purchase investment property in the near future said they will pay for the property using 100 percent cash, and 12.8 percent will use cash for more than 50 percent of the purchase price and finance the remainder. Nearly half reported they will buy the property with less than 50 percent cash down and finance the remainder. Nearly half of the potential real estate investors said they plan to own the property for six or more years; 16 percent expect to hold the property between two and five years; while 10.6 percent plan to own the property between six and 24 months.
While interest by potential home buyers in purchasing a foreclosure to live in has declined 31.1 percent in the past five months to 26.5 percent, the survey found interest in purchasing a foreclosure as an investment is on the rise, with interest in purchasing a foreclosure as an investment to fix it up and resell rising 42 percent in March.
FIRST TIME BUYER PROPERTIES
It’s time. You know it. Start letting me help you find something today.
Tax Credit now extended to more than just first time buyers! Save thousands.
If you are thinking about renting and are renting now, you really should considering buying a starter home now. It will never get any cheaper.
Did you know if you are paying $1200 per month renting a home in just 3 years you have
spent $43,200! With nothing to show for it! So why are you still renting?
Let me help you!
Homes $249,000 in Western Nevada County
These homes go very fast, so watch for the word sold or pending under the MLS number after you click on each listing.
CLICK HERE FOR CURRENT HOME LIST
CLICK HERE FOR HOMES WITH A GUEST UNIT
INVESTORS - CLICK HERE FOR A FREE LIST OF EVERY SINGLE BANK OWNED AND SHORT SALE PROPERTY HERE IN ALL PRICE RANGES AND ALL TYPES!
TODAYS NEW LISTINGS
What Investors Need to Know
*Please consult a tax advisor and/or a Certified Financial Planner and please, use due diligence first before any purchases. Gary J. Tippner has strong personal experience with the stock market and personally owns rental property. Gary is there is give guidance on the big picture of wealth building and is not a tax advisor nor stock broker and makes no money from any personal opinions. He is there to help give ideas in wealth building. Please consult a Certfied Financial Planner for implementation help.
|
