Today, investing in rental properties (1-4 units) may provide investors with the opportunity to create a positive income stream more quickly than was possible in the last decade or more. In the past, investors were often willing to purchase rental properties with a negative cash flow, and based their investment on the reasonable expectation that the market value would rise along with rents over time, as well as the available tax benefits of owning income property.
real estate portfolio
People always need places to call home and this includes during tough economic times as well. Human life cannot be complete in the absence of basic needs such as shelter and food. Truthfully, majority of us would relish at the thought of having a good single-family home where we could go to at the end of a busy day. Although investing in residential real estate is a great investment, it can also be profitable if the investment is done in the correct way.
Residential Real Estate Investing: Financing the American Dream
If you are ready to purchase your dream house, then REO properties is the ideal choice. Agencies that deal with real estate do not have to nor is it in their best interest to keep the properties for longer than the required time. Usually, one can acquire the REO property at any reasonable price. Nonetheless, when closing in on the deal you have to consider many issues regarding REO properties, with the first one being, the reason for real estate agencies being in possession of the property.