http://www.REIClub.com - What Are The Pros and Cons of Single Family Rentals? Here’s a Video On Investing In Real Estate Rental Properties...
Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got a quick video on buying and holding real estate.
Many investors I talk to look for the quick pay day real estate strategy, and I don’t blame them, but what happens when the market’s inventory dips below the demand for them? That’s why it’s important to expand your investment strategies so you can cater to whatever market you are in.
Perhaps one of the more common forms of investing, the "buy and hold strategy", involves purchasing a property and renting it out for an extended period of time. (aka. rental property)
Single Family Rental Pro’s
- Good investment strategy when wholesale inventory is low
- There are ‘No Money Down’ strategies - seller finance
- Caters to most ALL real estate markets around the world
- Great way to build equity/assets
- Monthly Cash Flow
- Tax Benefits - depreciation
- Used as collateral to invest in more real estate
- Cash-in on the appreciation
- Easily converted to a Full Time Business
- Better return on your money than CD’s and money market
- Paying off your mortgage using someone else’s money
Single Family Rental Con’s
- Additional Property Taxes
- Dealing with tenants
- Rehab and Maintenance
- Vacancies
- Need contractors on-call
Ultimately, there is much more to Buy and Hold than meets the eye, but if you take the time to learn how to evaluate and buy good deals, find quality tenants, and manage them properly, you're going to be on your path to running a successful business. Remember, it’s not always about the quick flips and quick pay days, try to keep 1 out of every 3 deals you flip, turn it into rental investment and watch your monthly income increase exponentially.
Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you’ll be automatically notified when we upload more quick video tips for you. Take care and good investing.