SHOW ME THE MONEY
When you’re looking at investing in real estate it’s important to look at all components of it. When renting out a house, the rents may be lower now but they’re going to go back up! The government rules are making it tougher for people to buy so the quality of Tenant is going to improve year over year for quite a few years. Even if you don’t have a lot of cash flow now, you are paying off your mortgage so you need to factor that in to the equation when you’re looking at buying a property.
The great part is that later when the rents go up you will not only have more money coming in every month but your mortgage will still be decreasing therefore building your equity.
Seems fair to me!
#TeamKander
#RealEstate
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#BuildEquity
I speak to a vast number of people these days that are having a tough time making ends meet financially. “There’s too much month at the end of their money.” When I talk to people about selling their homes, many of them aren’t going to get very much money out of their homes and, in some cases, they are having to borrow money to get out from underneath large debt. The questions usually asked, “should I do this?” & “what are my options?” Here are my thoughts...It’s not the best time to sell but it’s a great time to buy. You can either take a loss on your property (because your first loss is usually your smallest loss). So in other words, if you sell quickly, the “bleeding” stops, the money stops flowing out of your pocket. Then, you can get into something more affordable (maybe even something that is suited) and live for much less! OR...You can keep the house you have, rent it out, and then rent or buy something more in budget.I often say, “if you will take away my stress, I’ll give you money” and the older I get the more I’d pay to have my stress gone. Don’t let a bit of money stop you from experiencing financial freedom. If you or anybody you know needs help and are in a tough place lets talk and see if we can help you/them figure out a plan and some concrete options. Don’t let despair or fear paralyze you from making a plan and moving forward to a brighter future!#TeamKanderCanHelp#FreeAdvice#GetOutOfDebt#BreatheEasier
