As the economy continues strengthening, people are looking for new ways to invest. And with interest rates being at all-time lows, borrowing money has never been more favorable. Why not invest in Real Estate? What to buy and where to buy it… Have you considered a vacation home?
We all take annual pilgrimages with our family to various destinations for relaxing getaways. While there, you likely do the same thing we do - question why we haven’t bought something of our own. Whether it be your favorite beach spot in Florida, a gorgeous mountain retreat in the Smokey Mountains, or maybe something closer to home like a river cabin on the Tennessee River - all of these areas have a big demand for rental inventory. So if you found the right place for your family maybe you should consider buying?
Once you own it, you can make the changes that you and your family prefer. Then you can hire a property management company to help you stock it, market it, and handle the short term leasing. And since it’s yours, you simply mark out the calendar for the time(s) that you want to spend with your family enjoying your investment. The rest of the time, it’s doing what good invests are suppose to do - producing revenue and building equity for your financial future.
One of the reasons people are timid about approaching this type of investment is needing help making the right choices. That’s where I can help! We have business partners in all of these various markets that we work with and trust. Give me a call and let’s discuss what you may be looking for. I can connect you with one of my preferred partners. These professionals know these markets and understand how to offer solid guidance to ensure a successful investment. So when you think of Real Estate outside of West TN, we still have you covered!
Posted by Alan Castleman on
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