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Home / Articles / Rental Property / Make Your New Year’s Resolution To Own a Rental Property in 2017

Make Your New Year’s Resolution To Own a Rental Property in 2017

January 28, 2017 By Jorge Vazquez

Own a Rental Property in 2017Did your new year’s resolution set a financial goal? If so, considering buying a rental property this year as part of your new year’s resolution.

Here are some of the most significant advantages of investing in rental property, and reasons why you may want to purchase an investment property this year.

Advantages of Owning Rental Property

There are several advantages to investing in real estate, verses other forms of investing like stocks, bonds, and CD funds. So much so, a majority of Americans believe real estate is the best long-term investment for money that’s not needed for 10 years.

Passive income is one of the biggest advantages of investing in rental properties. Investors can choose to be hands-on with their investment properties, or use property managers to take care of the day-to-day tasks so they can truly enjoy passive income.

Another advantage of investing in real estate is that investors have control over the way their investing dollars are spent. Many people are turned off with stocks and other investments, because of a lack of transparency. As a result, many investors choose to invest in real estate, so they can control how their investment dollars are spent.

In addition to these advantages, the most experienced investors can purchase investment properties without using any of their own money. One example is Brandon Turner, VP of Content at BiggerPockets.com, who purchased a rental property without putting any money down, which he is using to pay for his kid’s college education.

Generate Rental Income in Retirement

Perhaps the most significant advantage of investing in rental properties is generating passive income throughout retirement.

Many investors fund their retirement with rental income. These investors typically purchase rental properties and allow tenants to pay for them over time, while also collecting cash flow profits. Then in retirement, the investors collect large sums of cash from rental properties they own free and clear.

Besides having the cash to live comfortably in retirement, these investors often enjoy helping their children and grandchildren, while also leaving an inheritance for future generations along with helping their favorite charities.

Getting Started

It’s easy to get started investing in rental properties, if you use an experienced wholesaler like Graystone Investment Group. We will walk you through a turnkey process that includes buying an investment property, rehabbing the property, and selecting a management company that will lease the property to a tenant and take care of the day-to-day management.

Graystone Investment Group

Graystone Investment Group is an experienced real estate wholesaler in metro Tampa Bay, helping clients generate profits and passive income through real estate investing.

Unlike other investment groups, we find properties that we resell to investors at discount prices, while also connecting them with private financing. We also coordinate with rehab and management companies we’ve worked with for years, at no extra charge.

To learn more about profitable real estate investments in the Tampa Bay area, fill out our Investor Profile or contact us direct.

Learn More About Real Estate Investing

The Graystone Newsletter will keep you informed with important information relating to real estate investing. The newsletter includes information we share with our clients about the best places to invest in real estate, the latest trends, and the information you need to know to succeed investing in real estate.

Real estate investors, wholesalers, flippers, real estate agents, and everyone connected to the real estate industry will benefit from the wealth of information we share very month.

For more information about how we process your data, please click here to read our Privacy Policy.

Disclaimer:
HOMES4INCOME.COM IS A WEBSITE OF GRAYSTONE INVESTMENT GROUP LLC. YOU ARE HEREBY NOTIFIED THAT NEITHER GRAYSTONE INVESTMENT GROUP LLC, NOR ANY OF ITS EMPLOYEES OR SUBSIDIARIES, REPRESENT YOU IN ANY CAPACITY. YOU SHOULD NOT ASSUME THAT GRAYSTONE INVESTMENT GROUP LLC OR ANY OF ITS EMPLOYEES OR SUBSIDIARIES IS A REAL ESTATE BROKERAGE. WE ARE A WHOLESALER, AND ALWAYS ACT AS A SELLER OR ASSIGNOR ON EVERY TRANSACTION.

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Recent Posts

  • Tampa Ranked #1 Market for First-Time Homebuyers
  • Long-Term Impact of Rising Interest Rates on the Real Estate Market
  • It was amazing! I couldn’t be happier! Levi Cortez, Investor in Mexico
  • Real Estate Disaster Turned Into Rehab Success in Tampa, Florida
  • Tampa Bay Remains a Prime Location for House Flippers
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DISCLAIMER: HOMES4INCOME.COM IS A WEBSITE OF GRAYSTONE INVESTMENT GROUP LLC. YOU ARE HEREBY NOTIFIED THAT NEITHER GRAYSTONE INVESTMENT GROUP LLC, NOR ANY OF ITS EMPLOYEES OR SUBSIDIARIES, REPRESENT YOU IN ANY CAPACITY. YOU SHOULD NOT ASSUME THAT GRAYSTONE INVESTMENT GROUP LLC OR ANY OF ITS EMPLOYEES OR SUBSIDIARIES IS A REAL ESTATE BROKERAGE. WE ARE A WHOLESALER, AND ALWAYS ACT AS A SELLER OR ASSIGNOR ON EVERY TRANSACTION.
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