Wednesday, October 17, 2012
Why wait to buy Income Property?
Right now you can see very nice positive cash flows on property that until recently was running at a loss each month. The key right now is cash flow. Actually this has always been the key in real estate investing. You may have gotten away with some investment for appreciation in the past but you are much more likely to get burned this way. If you have 20 years until retirement you need to buy cash flowing real estate today and set up your retirement accounts. The cash flow from real estate will be your nest egg and any appreciation will be gravy for you.
If you can get over the fear of managing property, you will be able to find many great deals in income property today. Especially on income property in Las Vegas. If you are interested in learning how to invest in cash flowing income property send me an email. I can get you started on the right path. I have been investing in real estate and managing property for over 15 years and have seen just about everything when it comes to dealing with tenants, code enforcement and insurance adjusters. It is not all fun and games and it is not a way to get rich quick but it is a way to get rich. It one of the few ways left for the little guy and where the small investor can get started with little or no cash.
It is reasonable to assume that at anyone time there are always landlords that are sick of dealing with tenants and tired of real estate. It is also reasonable to assume that there are always income property owners that would like to sell because they are nearing retirement, would like to move, or want to cash out their profits. You never know why people want to sell but if you look around you should be able to find something that is a good deal from a reasonably motivated seller.
Call me today if you are interested in finding a cash flowing income property or if you have one that you would like to sell. I can help you through the entire process and help you grow your portfolio.
Posted by Chris at 2:20 PM