Ensure success by acquiring a “cash flow positive property” where rental income surpasses property expenses, including mortgage, repairs, vacancy rates, etc. Leverage our Investment Property Worksheet example tailored to your property needs.
A significant perk of real estate investment is having someone else make your mortgage payments. Channel rental income toward your mortgage, steadily increasing equity and reducing your debt to the bank. Your tenants become contributors to your mortgage payoff.
Declare rental income on your tax return, but enjoy tax benefits through depreciation of investment property value and claiming deductible expenses like repairs, maintenance, real estate taxes, equipment, and tools. Realize potential tax advantages, potentially paying less in taxes compared to pre-property ownership.
Historically, real estate values appreciate at a regional rate of approximately 2%. Imagine the value growth of a $100,000 property with a 25% cash down payment, increasing by around $2,000 annually. Leverage the 25% down payment to achieve an 8% return on investment, with the added benefit of real estate values aligning with inflation, safeguarding your initial investment.
Before any real estate investment purchase, seek advice from an attorney and an accountant. Assemble your team of experts, including property management, skilled real estate agents, experienced loan officers, and successful investors. Contact us to access a diverse range of resources and embark on a successful investment journey.
Contact Sea Glass Florida Properties for real estate investment opportunities.