Local Business Spotlight
Concept Embodiment Media offers quality photographs of your property. We are offering free exterior photos through the end of September when you use CE’s services — contact us for more details! Check them out at Facebook.com/cemediawa or CEMediaWA.com.
What You Need to Know BREAK INTO REAL ESTATE INVESTING
General One Contracting caters to homeowners in the presale and inspection stages of home sales. They now also serve the general public before, during, and after a home has been bought or sold. Whether it’s a small to-do list or a multiroom remodel, they enjoy working with all types of clients and projects. Contact them today at (425) 422-0442 or Info@generalonecontracting.com!
If you are looking for a tried-and-true method of earning passive income — money that requires little time or effort — then you should consider investing in real estate. Unlike the stock market, real estate investment can earn you guaranteed returns on a regular basis through residential, commercial, and vacation rentals. After sufficient investment, the income you earn from your investment properties can even supplant your primary source of income and become a sure-fire strategy for generating wealth. If you are considering investing in real estate, here are some helpful tips to consider. Start Small When starting off in real estate, it’s best to begin with a smaller property that fits into your budget rather than staking it all on a more expensive, high-risk property. While there are many types of investment properties available, the type of property you should focus on first depends largely on your location, means, and abilities. Sure, renting out office space can be lucrative, but it’s also expensive when starting out, and is prone to instability based on the strength of the market. Real estate investment, on the other hand, is much more likely to earn you money in the short- and long-term. Your tenants can help pay off your mortgage, allowing you to earn back your initial investment over time. Vacation properties, in hot tourist destinations, can also be a great way to earn income, though you will likely be competing with a number of other properties for the same tourists and travelers, requiring significant upkeep and investment to make it work. Professional Help Finding the right properties to invest in requires a trained eye and no shortage of research. For the best results, it’s important to consult with real estate agents for advice on the right properties, locations, and markets to break into. If you are looking for help breaking into real estate investing, then I would be happy to help!
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