Learn the basics of real estate investing.
Whether you plan to invest in the short or long-term rental industries or even commercial real estate, we’ve got you covered!
Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense… it is about the safest investment in the world.“—President Franklin D. Roosevelt
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Speak with Josh today to discover how you can grow your wealth and achieve your long-term financial goals. Whether you're interested in building a robust investment portfolio, planning for retirement, or maximizing your earning potential, Josh can provide the personalized guidance and strategic insights you need to succeed.
Real estate investing includes a broad range of operational, financial, and investment operations that are all based on generating profits from the growth of real estate or from cash flows related to a property. Real estate can generate income in a number of ways, including rental cash flow, appreciation of the asset (property), and ancillary revenue flow from associated goods and services.
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A real estate investment trust (REIT) or even an exchange-traded fund (ETF) made up of numerous REITs may be the easiest method to begin indirectly investing in real estate. You will be exposed to real estate as an asset, but you won't be responsible for managing it on a daily basis. A duplex or modest multi-family home is a good option if you desire a more direct investment. If you choose to reside in one of the apartments, you'll have access to conventional mortgages and be able to start building a portfolio of real estate.
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Companies known as REITs invest in various types of real estate, including single-family homes, apartments, retail spaces, hotels, offices, warehouses, and shopping centers. In general, REITs invest in and buy properties to add them to their long-term portfolios, earning profits on the properties' rental income and capital growth. Dividend payments from REITs must account for at least 90% of their taxable income.
They enable "passive" investing by removing the requirement for active property management.
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You can invest in real estate investment trusts (REITs), real estate exchange-traded funds (ETFs), or stocks of real estate firms if you want to get into real estate investing but do not want to be a landlord or property owner.
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You certainly can. Real estate investment trusts (REITs) and ETFs with a real estate focus can be a simple and affordable method to start investing in real estate. Creating or joining a real estate investment club may be an additional choice. Together with other beginning investors, you'll be able to combine your resources and exchange knowledge.
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Real estate investing can be risky but can also come with big rewards, ensure you know the ins and outs before you start.
Adequate resources: -in addition to the price of buying the property, you'll need to budget money on a regular basis for maintenance, insurance, and property taxes.
Basic real estate knowledge: - you don’t need to be a realtor, but you should know the ins and outs of the market in your area.
Tax smarts:- If you want to avoid having to pay a hefty tax bill when it comes time to sell, ensure you are completely familiar with the tax rules.