Real Estate is one of the best investments you can buy in the long run. The reason is buildable land and now there is a growing demand for housing in most large cities. This is why real estate thoughout history has held it own in the investment world. Sure it has it’s ups and downs, but over the long run it has out paced most stock and commodity investments for return.
Depending on what type of investment you are looking for, it’s important to team up with a real estate professional that is willing to work hard and collect the data necessary to make a decision on whether to move on the asset, or to pass on the opportunity. Timing is crucial and having the right team to work with is that important. This is why you want to team with Jerry Wingo and his team of experts. They work hard and have access to Bank, asset manager, and top real estate investment trusts.
Real estate investing is all about speed, documentation, and the ability to have the funds readily available to make an offer. Right now cash is King. If you have the ability to purchase with cash you can lock up a property quicker and you have the abiiity to achieve larger discounts, and with the larger discounts your cash on cash return will increase over time.
What is recommended right now are investments in single family residents. If you buy in a great economic area with increasing population and jobs, your vacancy rates will be relatively low and your return high. With other investments you have too many variables that can effect your rate of return, and your vacancy ratios. Residential real estate is a Safe Harbour if done right, and your due dilegence is done properly. That’s why it’s important to work with the right realtor.
If you are a seasoned investor looking for more investmnet opportuniies, or a newbie looking to start with real estate investments give me a call today. I can help you with what you need to get started or to grow your portfolio. Call me today at 949-903-3863, or email me jerry.wingo@century21.com.