There are two strategies an investor can choose from when buying real estate. The first option is to go at it alone while the second is to buy with a company like us. Although many individuals feel they have the skills required to pursue an investment on their own, the process can be very strenuous and exhausting if it is not performed properly. The latter option – buying with us – has many advantages that limit any potential problems and can ultimately lead to a similar return on investment. Let’s begin by taking a closer look at factors of each strategy.
When investing alone the investor must first find a property and be able to negotiate a good price. Once they have purchased the property they are also responsible for arranging the financing of the home that can result in getting locked into a bad interest rates. They are also responsible for advertising for new tenants and must repair and maintain any damage the property may incur. This includes taking calls from tenants (sometimes in the middle of the night) when there is a problem with the property. If for some reason the property goes vacant it is up to the investor to find a tenant. All in all, a lack of knowledge and proper management skills can lead to a lot of excessive work and unnecessary headaches.
On the other hand if the investor were to buy with us, they almost completely avoid all the potential problems of going at it alone. We use our market expertise to offer the investor affordable units with good upside. Professionals who keep the investors books and financial records in order, arranging finances for the property and ensuring good mortgage rates. There is no worry about having to deal with repairs or maintenance because the property management team works continually minimize any risks and problems with the units. Investors also have the best possible cash flow because the property is professionally managed. Investors will also be given advice on how to save income on their taxes and reduce legal fees. If the investor feels the need to sell, each unit is individually deeded so the sale can be made at any time.
What sets apart buying real estate with us rather than going at it alone is the “hands off” approach that allows investors to remain involved with their investment even though all the work is being done for them. This approach provides a steady source of income and leaves the investor with peace of mind. Yet another advantage is that rather than putting a large portion of capital in a single property an investor can diversify and spread that same investment over multiple properties. The growing popularity of this approach is owed to the dedication of our team of professionals who work continuously to guarantee that investors receive the best bang for their buck.
