Saint Petersburg, FL Before I jump into this article, I should begin by discussing why I chose to invest in real estate in the first place. The year was 2020…
I've received a lot of interest in my work since I began investing in real estate. For the most part, everyone I speak to agrees that real estate is one…
There has been a lot of debate regarding whether you should put your money in real estate or in the stock market. There are benefits to both, of course. Stocks make it easy to begin making returns with only a small amount of money. Whereas real estate gets much more complicated for beginners.
needed income with the flexibility that my current job was providing without the risk of losing that income. I needed passive income. More than just passive income, I needing something tangible to place my money.
If you’re based in San Francisco, you’re going to need a lot more money to get started investing in real estate than you would in small town Arkansas. You’ll need more money if you’re looking to invest in multi-family properties than you would if you were investing in condos or townhomes.
Paying all cash guarantees that you wont have a mortgage, therefore you wont pay any interest. Using the cash for several down payments guarantees that you are able to invest in multiple properties. Having your home paid free and clear means more cash flow every month. Having multiple properties diversifies your portfolio.
The United States is not just one market, but rather it is a mosaic of thousands of real estate markets. During the same time that a city like Detroit could be hurting, a city like San Francisco could be flourishing. If you only invest in your hometown, you are forfeiting many potential investment opportunities in other markets all over the country.