Owning real estate is one of the best ways for most adults to build their personal wealth. Specifically owning rental properties can be a great supplier of passive income.
If you are up late at night watching the “become an investor” informercials and thinking it sounds too good to be true, most likely you are right. Get rich quick schemes are often just that!
However, buying a rental can easily become a reality even if you don’t have cash on hand. Many homeowners simply choose to tap into the equity on their home to make it easy to leverage their way into another property.
As you make your decision of whether to become a landlord, you will want to talk to a lender to determine the costs and mortgage payment versus rent, for the type of property you would like to purchase.
Next, talk to a real estate agent to begin your research on what is available for your consideration and to map out an investment strategy. Of course I would be happy to help you create your investment blueprint.
Also, you can email me back right away and request your free Investment Planning resource and I will send it to you.
Contact me anytime, it is an opportunistic market so let’s discuss the opportunity that is right for you.