• Newbie Real Estate Investor Tips Newbie Real Estate Investor Tips

    1 comment / Posted on by Steven Rivera

    Newbie Real Estate Investor Tips

    Are you looking for some real estate investing tips to start building your real estate empire? Or maybe just to generate a stream of income separate from your day job. Real estate is one of my personal favorite investments. Here are just a few reasons why:

    • Cash flow. Even if you finance your investment property, you’ll still enjoy a positive cash flow (assuming you did your due diligence to make sure the property would be a wise investment). And once your tenants pay down your mortgage, your cash flow sky-rockets.
    • Tax breaks. Even with the new tax plan, there will be plenty of deductions available for investment property owners.
    • Appreciation. In addition to the cash flow and the tax breaks, real estate generally appreciates over the long-term. Of course the exact rates vary heavily between markets and years. So I really consider appreciation to be icing on the cash flow cake.
    • Highly passive income. Once you have good tenants moved in, you’ll just need to handle a few repairs and a lease renewal annually. Or you could hire a property manager to make the income entirely passive.
    • Perfect for real estate professionals. As a real estate pro, you already know your market and have insider information to help you make smart investment decisions. Plus the cash flow will help stabilize your income during your slow season or even through a down market.
    • Asset-building. If you spend your spare time collecting smart rental properties, you’ll be able to build quite a...

    Are you looking for some real estate investing tips to start building your real estate empire? Or maybe just to generate a stream of income separate from your day job. Real estate is one of my personal favorite investments. Here are just a few reasons why:

    • Cash flow. Even if you finance your investment property, you’ll still enjoy a positive cash flow (assuming you did your due diligence to make sure the property would be a wise investment). And once your tenants pay down your mortgage, your cash flow sky-rockets.
    • Tax breaks. Even with the new tax plan, there will be plenty of deductions available for investment property owners.
    • Appreciation. In addition to the cash flow and the tax breaks, real estate generally appreciates over the long-term. Of course the exact rates vary heavily between markets and years. So I really consider appreciation to be icing on the cash flow cake.
    • Highly passive income. Once you have good tenants moved in, you’ll just need to handle a few repairs and a lease renewal annually. Or you could hire a property manager to make the income entirely passive.
    • Perfect for real estate professionals. As a real estate pro, you already know your market and have insider information to help you make smart investment decisions. Plus the cash flow will help stabilize your income during your slow season or even through a down market.
    • Asset-building. If you spend your spare time collecting smart rental properties, you’ll be able to build quite a...

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  • 5 Tips For Buying A Vacation Home 5 Tips For Buying A Vacation Home

    1 comment / Posted on by Steven Rivera

    5 Tips For Buying A Vacation Home

    Summer is unofficially here and you're ready to escape those winter blues. You’re thinking of escaping from it all to a beautiful vacation home, but can you make that dream a reality? Here are some tips for buying a vacation home.

     

    Take Your Time

    Take time to think about exactly what you want. A vacation home is no small investment. It is important to take the time and effort into deciding what you really want and what you can afford. Location is key, especially when it comes to your vacation getaway. Consider the location, imagine yourself returning there at your leisure. When you settle on a location, decide the style home you will need whether its for big family gathering or a quiet getaway.

     

    Consider All Costs

    Remember to keep in mind not only the cost of the property but the cost of upkeep throughout the year, utilities, taxes, community fees and maintenance. Find a number you can comfortably afford and stick to it. Its easy to fall in love with the perfect vacation home but its important to not overspend or it will cause more stress in the long haul.

     

    Do Your Due Diligence

    Do your due diligence when purchasing a vacation home and make sure you research additional fees associated with the property. It is important to do your due diligence so that additional fees are no surprise. Many times there...

    Summer is unofficially here and you're ready to escape those winter blues. You’re thinking of escaping from it all to a beautiful vacation home, but can you make that dream a reality? Here are some tips for buying a vacation home.

     

    Take Your Time

    Take time to think about exactly what you want. A vacation home is no small investment. It is important to take the time and effort into deciding what you really want and what you can afford. Location is key, especially when it comes to your vacation getaway. Consider the location, imagine yourself returning there at your leisure. When you settle on a location, decide the style home you will need whether its for big family gathering or a quiet getaway.

     

    Consider All Costs

    Remember to keep in mind not only the cost of the property but the cost of upkeep throughout the year, utilities, taxes, community fees and maintenance. Find a number you can comfortably afford and stick to it. Its easy to fall in love with the perfect vacation home but its important to not overspend or it will cause more stress in the long haul.

     

    Do Your Due Diligence

    Do your due diligence when purchasing a vacation home and make sure you research additional fees associated with the property. It is important to do your due diligence so that additional fees are no surprise. Many times there...

    Read more

  • Real Estate Opportunity on Long Island Real Estate Opportunity on Long Island

    0 comments / Posted on by Steven Rivera

    Real Estate Opportunity on Long Island

    The demand for industrial real estate on Long Island is increasing rapidly according to analysts, developers, and real estate brokers. This demand is caused by the increasing amount of e-commerce businesses which adds more demand for warehouses and factories. Since this demand is so high, the rental value of these buildings is at an all-time high. Due to how crowded the city is, distributors are selling their warehouses in Brooklyn and Queens and are buying on Long Island. This is an opportunity that needs to be acted upon fast.

    The demand for industrial real estate on Long Island is increasing rapidly according to analysts, developers, and real estate brokers. This demand is caused by the increasing amount of e-commerce businesses which adds more demand for warehouses and factories. Since this demand is so high, the rental value of these buildings is at an all-time high. Due to how crowded the city is, distributors are selling their warehouses in Brooklyn and Queens and are buying on Long Island. This is an opportunity that needs to be acted upon fast.

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