Housing-News-Report-October-2016

HOUSINGNEWS REPORT

MY TAKE

IS A BUY-AND-HOLD INVESTMENT WORTH IT? BY BILL GREEN, FOUNDER AND CEO OF LENDINGONE

About Bill Green

Bill Green is the Founder and Chief Executive Officer of LendingOne and the Crestar Group of Companies. Crestar is comprised of private equity, specialty finance, and real estate businesses.

A smart investor can turn a buy-and- hold property into a consistent means of earning a monthly income, and a good risk adjusted return on your investment. Finding the right tenant and keeping them are important, so treat tenants like you would customers with exceptional service and quick response times when things go wrong. As long as your home remains occupied, you’ll see a return each month. As an investor who has had years of experience dealing with long-term rental properties, it is always important to ask yourself some valuable questions

before proceeding with any buy-and-hold investment because these will determine whether or not you find this method of investing worth it for the long haul.

What is the Value of a Buy and Hold Investment?

Each investor will give a different answer to this because it all depends on what they are looking to get from their investments. If I had a property valued over $175,000, I would fix and flip it,

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