INVESTOR RESOURCES
ASSET MANAGEMENT
Decisions, Decisions DETERMINING WHETHER INVESTING IN A SINGLE ASSET OR BUILDING OUT A REAL ESTATE PORTFOLIO IS THE RIGHT STRATEGY FOR YOU
by Nate Zielinski, RCN Capital
hen it comes to being suc- cessful in your chosen career
in what scenarios it is wiser to stick to investing in a single asset versus expanding and managing a portfolio with numerous properties involved. SINGLEASSET Handling a single asset is typically the best practice when starting out in real estate investing. Trying to get your hands on a bunch of different properties too early on can be over- whelming and lead to problems and setbacks that an experienced investor can navigate but a new one cannot. Think of it like this. To become a “pro” at real estate investing, you have got to be able to handle all different types of properties. Start- ing with single assets is a good way to find your groove. They are much
easier to handle and the fix and flip program at RCN is a great way to do so. You can rack up experience at a much quicker rate with single assets and within a couple of years, you can have an impressive number of flips under your belt and more important- ly plenty of capital in your pocket. Additionally, managing long-term rental property can open your eyes to just how valuable investing in real estate can be. The passive income can be eye-opening and truly show that working towards a portfolio is worth it but shouldn’t be rushed. Experience is a key factor here because you can improve your credit score at a rapid rate and once you have plenty of experience and a respectable FICO score, you can qualify for the best rates and lever-
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path or business venture it is always important to understand that there are levels to achieving your goals. There is no quick fix, no get rich quick scheme, and certainly not one path that must be followed. Investing in real estate is no exception. When you are first starting out investing in real estate, making a profit, let alone building a solid portfolio of proper- ties can seem daunting. Here at RCN Capital, we want to be there every step of the way with an answer to a tough question or a loan program for almost any deal that comes across our desks. In this arti- cle, we are going to break down the differences and benefits of two levels of real estate investing and discuss
80 | think realty magazine :: june 2021
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