WHAT KIND OF REAL ESTATE INVESTING DO WE HELP WITH?
Needle In The Haystack?
As mentioned on the link “Why Invest in Real Estate?, there are four primary benefits to owning real estate. However, as a real estate investor, we don’t experience the benefits of owning real estate until… we start buying some real estate. I know this sounds pretty simple, obvious, but yet to many real estate investors, this simple fact eludes them.
Believe me, there are countless people out there who are “needle-in-a-haystack” types of buyers. They are looking for that one unbelievable, once in a lifetime deal on a property. They always want that property at $40,000 below market value. As a result, they make multiple offers on multiple properties. The end result: no properties purchased, a mountain of frustration, and of course, no benefits gained.
Don’t get me wrong. I am not proposing that we overpay for any property. Our team’s job is to help you get the best possible price on each property. And especially in this market, there are a number of outstanding buying opportunities. However, if the comparable sales "say" a home is worth $130,000, that house will sell for somewhere around $130,000. Homeowners are not ignorant. They know the market, or at the very least their agent will let them know what comps warrant their home to be valued at. In addition, this market has reduced inventory levels, so as investors, we are often competing against multiple offers.
What am I proposing? I am proposing that as investors, we learn the benefits of actually owning the property, of gaining the benefits of cash flow, depreciation, appreciation, and principal pay down. I am proposing that we not focus all of our energies on “needle in the haystack” types of deals. If a property is worth $130,000, let’s focus on securing that property for the best price, and then analyzing the best financing options. The key as we know though, is to get in the game! One of the best real estate books we have found is called "Equity Happens" (www.EquityHappens.com.) We really encourage you to read it. It talks a lot about the different types of real estate investing and this "needle in the haystack" approach.
Multi-Family and Commercial Properties
We have experience finding properties with cap rates above 9. In fact, we have a list of properties with numbers that would appeal to the hard core investor. If you are looking for a duplex to a 100 unit building to a strip mall, we have both MLS and non-MLS inventory. Send us an email today and let us know what area you are looking, and we will get the properties over to you to review.
Fix And Flip?
This is an area of real estate that has a huge potential. There are three keys: buying the property "right," knowing how much money it will need to be fixed up, and knowing what it will sell for. Again, this sounds simple, but many investors do not master this formula. If you are interested in fix and flips, send us an email and we can touch base with you.
We partner with some top Florida licensed realtors. They continually are on the lookout for outstanding properties and areas. Preconstruction, fix and flip, and buy and hold opportunities are available. Send us an email today if you are interested in these markets.
Buy and Hold
Our emphasis here at www.InvestmentPropertyGuys.com is on buying and holding….building your long term net worth slowly but surely over time.