Real Estate As An Investment | April16, 2018
Nicole Nimke
What would you do with your life after you've reached financial independence? Travel and see the world? Spend time with family and friends? Put your feet up and enjoy life? Whatever your decision, investing in real estate could help you achieve the financial independence that you're looking for. There are many options for real estate investments; residential rental properties, vacation homes, or maybe you'd like to flip houses? All of these are great options, and if done correctly, could provide you with a great return on your investment.
If you’re looking for a great way to start investing, consider purchasing a residential rental property. There are so many benefits of owning rental properties, this article lists six huge advantages of real estate investing through rental properties, including extra cash flow, tax benefits, and more!
Maybe owning residential rental property isn't your thing, but you love to take vacations to the beach or mountains. Have you considered buying a vacation home? Visit whenever you like, and keep it rented out when you're not there! Depending on the location, vacation homes can rent out for top dollar and give you an excellent return on your investment.
Lastly, you could consider flipping houses, an option that has become increasingly popular over the past few years. A flip house is one that is purchased and sold within a twelve month period. According to CNBC, there were just over 207,000 homes flipped nationwide in 2017, the highest number of flips in a decade. The average gross flipping return on investment was 49.8 percent last year. The key to a profitable flip is finding a house at a low enough price point, in a desirable neighborhood. If done correctly, house flipping can be very profitable!
Whatever your preference, there's a real estate investment option for everyone! Call me today at 712.363.0287 or send me an email at ntnimke@gmail.com. I'd love to help you figure out what investment option is best for you!
