So you have a little money saved and you have been considering investing it in residential real estate in an effort to make it grow faster than interest in a bank. Or risking it on the stock market not knowing if the economy is going to get better?
The answer is yes, owning investment property may provide financial and personal benefits, including:
- Rental opportunity. If you purchase an investment property close to local businesses, a popular commuting area or vacation spot, this may be attractive to tenants and could create cash flow.
- Ongoing income and cash flow. Your investment property may provide ongoing income to offset your expenses.
- Potential tax benefits. Mortgage and home equity interest payments and property taxes may present the opportunity for tax advantages. Consult your tax advisor.
If you are still searching for more information on investing it in residential real estate, you could checkout the workshop that is being held on May 29, 2013 at http://www.investorsworkshops.com/. There you will also be able to listen to an interview of Property Radar by Shawn Watkins.
Shawn Watkins is the founder of Investors Workshops which he started 2003 and is located in Orange County. The Investors Workshops can be found lecturing frequently on the topics of foreclosures, trusts, title insurance, seller financing and property management.
On the Investors Workshops Shawn Watkins gives tips on investing in residential real estate, buying your first home for profit and what to look for and how to get the right mortgage that suits you. Now is your chance to get the information you need to invest the right way from someone who has been in the real estate business for over 14 years.