So you’ve bought a house as an investment to secure your financial future and now you lease it out. Now you have to safeguard your investment and do a whole lot of things to ensure that you maximize your investment property benefits. There is now so much to do: make sure the rent is paid on time, deal with the headaches of repairs and complaints, make sure your investment is in good shape, calculate inflation impact… right? Wrong! As an investor, you do precisely nothing! That is precisely what our Remote Control Retirement Riches formula does for you: it takes care of it all for you so you have complete peace of mind.
The kind of investment that offers the best returns and the most peace of mind is the single-family home. This is what young professionals and families are looking for right now. So firstly, choose brand new, good quality, single-family homes. Opt for the large metropolitan areas in the Sunbelt states – this is where the economic activity is; where people are looking for homes to rent and live in.
The other vitally important aspect of investing in real estate is to opt for the 30-year fixed-rate loan – this is the one instrument that will actually make you happy about inflation. No matter what the rate of inflation, your repayment amount is going to remain the same. It is quite amazing, and if an investor did not take advantage of this financial gift, I would question their judgment!
My team is at hand to show you the ropes, to advise you about the best markets in the US to invest in currently, to guide you through the loan and purchase processes. Now you simply lease out the brand new home to create a passive income source for you, and your property manager takes care of the rest.
And what is it that you have to do as the investor? Precisely nothing! Once these essential elements of your investment are in place, you sit back and do nothing. Yes, it is difficult to do nothing, but someone’s gotta do it! You don’t have to worry about the day-to-day management of the property. You don’t have to deal with the rent collection. You don’t have to deal with the cantankerous (hopefully not) tenant. You certainly don’t have to worry about inflation.
As you can see from the foregoing, maximizing the profit on your investment property is really a lot easier than you may have thought. With everything put in place and managed for you remotely, there is really nothing you need to bother your head about. You can be on the West Coast and have your investment property several states away with not a thing to worry about.
If you still have questions about how to maximize your investment property profits, you can reach out to us at ICGRE. Better still you can sign up for our free quarterly event, our Real Estate Expo where we will be discussing ways to maximize profits, and other aspects of real estate investing. You have nothing to lose and everything to gain!