Ready for a better approach to investing?
The process of buying an investment property is very similar to buying a home, but with a few key differences…
Wants and NeedsDo you want higher monthly cash flow, or are you looking for appreciation? Is a higher cap rate important? How about cash-on-cash? Do you want to be hands-on, or hands-off with a property manager handling the details? How far away should the property be located? Single-family or multiplex? Joint venture, or do you want to be the sole investor? The biggest mistake we see investors make is that they try to chase all opportunities. We’ll help you craft a specific plan, and a path to get you exactly what you want. Being an investor is about having a clear vision, and knowing the right information at the right time.
FinancingIt’s important to set up your financing right from the beginning. When you start investing in real estate, certain lenders will limit your borrowing, and others will allow you to move ahead with the next property much easier. You’re also going to want a great tax advisor, because investors know that it’s not what you make, it’s what you keep that matters.
Viewing PropertiesIf you won’t be living in the property, then make sure you only think about it from your tenant’s perspective. Based on the area, what would THEY expect to see? The home may not fit your needs, but that’s okay. The important question is whether or not it’s good for THEM. You might be tempted to add really expensive tiles, when it may make more sense to limit your spending with something almost as nice but half the price. The best investors stay firm on their bottom line, and they have a repeatable formula for searching for the right opportunity. We can help you see things with the right lens to be successful.
Making OffersAll buyers want the best deal, but as an investor, you need to be absolutely clear about your goal, and remember that money is made on the BUY, not necessarily on the selling side. Stick to your plan, and don’t allow your emotional state to take over. We’ll help lay out the facts for you, and connect the dots before you make your offer.
Unfortunately, there are a lot of “schemes” out there to lure investors, and it’s hard to figure out which ones you can trust. Our team believes in empowering you through education, and we would never help you invest in a property that we wouldn’t consider for our own family.
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