Investment Properties for Beginners
You find yourself day dreaming about a trip to a far away place with beaches and palm trees. Then the car behind you honks and off you go and back as well, into reality that is. Need a vacation? Don’t we all, especially in today’s economy, the stress is enough to push us all to the breaking point.
But, you have been frugal and wise and have saved and saved for a much needed rest. Well, here’s a thought, why don’t you take a staycation and look into investing your money?
Investment properties have exploded onto the market and investment properties for beginners are there for the taking. Wouldn’t it be great to invest in a property that is working for you by helping you build a solid portfolio? Of course there is some work to do first but, to give you a glimpse of what is out there go to our website and take a tour
Are you ready to get started on your way to being a smart property investor? Well, let’s go!
Do your homework: Take a close look at your finances and see where you can start, what is available to you for credit etc. The best place to find these answers would be a financial advisor or consultant at your local financial institution. Come up with a clear amount you can invest.
Type of property: Don’t overwhelm yourself with a property that is too much for you to handle. Consider what you will have to be responsible for, such as, maintenance, insurance, upgrades, repairs, taxes and leases just to name a few. You would probably do very well with a single family dwelling or a duplex to start. These are easier to maintain and a great way to learn and gain valuable experience. This could also be for the short term, meaning five years and then you can move one to a bigger investment.
Okay, so here we are, you’ve got your finances in line and you know that starting small and keeping it simple with a short time line is a smart way to start. Now you just need a solid and knowledgeable team behind you to guide you through the rest of the steps and that’s where we come in, contact us today and let us help you start on the path to a solid investment future so you can own your vacation home.