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Investing in real Estate?
First you need to know what type of Investor are you? Two Types
- Passive Investor: You buy real estate and you let someone manage it. Most Passive Investors invest in real estate away from their home and normally hold their investment for long term.
- Active Investor: You buy real estate and you are actively involve in finding your tenant, finding a reliable property management and finding the right real estate professional to help expedite the real estate transaction. An active investor may buy and hold a property for a short term (fixer upper) or keep their investment for long term.
Second, you need to know what type of property is best for you. There are two main types of property
- Residential: considered anything that people can live in such as single family homes, town homes, condos, duplexes and apartment buildings.
- Commercial: these are the properties where people do business such as office buildings, retail space and warehouses.
I prefer and recommend residential properties for these reasons:
1. Everyone needs to live somewhere
2. Easy to buy and sell
3. Small investment required
If you have not bought your real estate investment property, consider buying a residential property with a guaranteed leaseback. This is the safest investing strategy for you. Residential properties can be leased back up to 2 years. Other properties to consider with a lease back are condo hotels but I would suggest holding this type of property for 5-10 years to get a higher return of your investment.
To request your residential property with a leaseback,please fill up the blank form below or Browse thru my featured Listings.
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