These terms mentioned are the crux of creating wealth and security for investors, whether they have full-time positions in other fields or just real estate oriented full time. The main point is to gain additional income that can supplement your current job income and possibly add appreciation in value along with tax benefits to your current or long-term goals of creating wealth for you or your family.
Numerous Choices For Investing In Real Estate
If you want to simply invest in these properties you have numerous choices along with full or no responsibilities in running any of them.
If you just want passive income with no loans or work, it is possible. If you want to make a daily effort and create the value for yourself, be my guest. If you want to place funds into many different asset groups like retail, office, warehouse, or apartments, go for it!
If you want to leverage up or pay all cash very possible. If tax benefits are your main goal it is at your fingertips. If you need professional partners to guide you or yourself to lead the way, absolutely! Stabilized assets at lower CAP rates, value add purchases with a large upside and more risk and higher caps always available.
More management or less management, higher risk or lower risk, loans or no loans, partners or no partners, more equity or less, diversify or place your equity in one deal, all can be accomplished.
Westwood Has The Answers To All Your Questions
Westwood has the answers to all your questions about the pitfalls or great opportunities in all asset groups nationwide.
Of course, you need commonsense, a good real estate attorney and a CPA to help in the process. These will help you choose your best fit among different real estate income or investment opportunities presented by a professional real estate broker at Westwood.
There are numerous factors concerning location, tenant quality, type of structure, lease and guarantees, responsibilities of the landlord and loan preferences to consider. In addition, each one of these categories has subcategories that all need to be addressed.
You, the investor, have a lifetime of work while creating wealth but all of us need a base to work from and commercial real estate income properties should be included in every scenario for balance and future strategy in case your work and job become short lived.
Health, firings, closing of the businesses relating to your expertise is, even more, a reason to investigate investment and income property with passive cash to boot flow and possible appreciation and sheltered tax benefits to boot.