Is the time right to buy a home? Are you still shopping? You are not alone. Spending the next thirty years trying to pay off a mortgage is scary stuff. Many fall into the looking and never buy a home. The perfect deal is never going to happen. There will always be some compromise. The house may meet your needs but the area sucks. The price may be in the budget but the home is too small. The seller wants too many conditions to the sell to deal with. The house is great but the neighbors suck. The house is perfect but three hours drive from work. Fisher Investments on LinkedIn can help you with that decision.
Today we all need more money because gas prices , electrical bills higher every year. Foods are increasing in price as fast as the farmer can grow it. Tonye Cole is looking into ways for more income so rental income property is in high want. So more younger families my buy a house so that they my rental out there property. Rental Income Property is easier to keep in the family longer if handled right. Its a great investment if you can buy early in your life times and get it paid off and in the family to help better their lives too.
Is income real estate a no brainer? As I have previously shown the risk is that the income may not materialize. Can you get a tenant before you go broke? It depends on your tolerance for risk. Yes, if you can afford to carry the load until a good tenant comes along it may be a good deal. A rental can be problems if not managed properly. Tenants can ruin you if not watched closely. the real question is if you are the kind of person that makes a good land lord. So be aware that nothing is a slam dunk when it comes to income property.