Why Invest In Real Estate
Why Invest In Real Estate?
- The value of real estate has been consistently rising for the last 200 years.
- Most millionaires have a significant portion – if not the majority of their wealth in real estate.
- Real estate is always in demand because no matter what happens to the world in terms of politics or economics, people will need places to live, businesses will need places to operate, governments will need places to function.
- Real estate is one of the best vehicles we have for building wealth and creating financial security.
What will I do for you? Why work with me?
- I will work with you one-on-one
- Educate you through the entire process
- Help you determine what price to offer
- Hold your hand at closing
- Mostly importantly, help you get it rented out
Why do we think rentals will stay strong in the Twin Cities?
- The rental market in the Twin Cities has stayed relatively strong because of our diverse job market. We have 3M, Medtronics, Honeywell, Wellsfargo to name a few that are still in business. Click here to find out why owning is better than renting.
- The unemployment rate in Minnesota is about 7% which is lower than the national average of about 10%. As long as there are good jobs in the Twin Cities, then there are demands for rentals in Twin Cities.
Why Use the Equity in Your Primary Residence?
- You are earning no return on equity in you home.
- For most people, it’s the most underutilized asset they have.
- Most lenders will finance up to 90% of your home’s value.
- It needs to be looked at no differently than any other asset your own.
First things First
- Look at your situation, and see if we need to restructure your debts based on what “stage” you are in. We want to maximize your leverage.
- To best leverage your investment properties, 20% down and 80% first mortgage.
