Want to invest in Orange County Real Estate?
Real estate is considered one
of the safest long term investments you can make, and it
helps diversify your portfolio! Whether you are a first time
buyer or a savvy investor, buying a home in any state is usually
considered a good investment.
The government statistics show that
the NATIONAL AVERAGE of the value of real estate across the board
from Boston, Massachusetts all the way to Orange County, California,
has never went down in value. Sure, certain areas have their
ups and downs, but that is the nature of real estate. If you
invest for the long term, you'll always come out ahead.
Anyone who wants to invest in a second home, business, or a
multi-unit property needs to master the following philosophy:
Learn to Leverage – You can leverage the equity in your first
home, and purchase another home, whether it is a rental or a
retirement. Now for investment purposes we would suggest it be a
rental property... This allows you the ability to have someone else
pay off your mortgage for you :)
After the market appreciates on your
first or second home, you can continue to leverage your equity in
each property to acquire another. By doing this you are taking no
money out of pocket, and you are using leverage from your current
property (or properties) to buy others. The more real estate
you can acquire without taking cash out of your other investments,
the better.
These philosophies are explained in
great detail in two of our favorite books: "The Automatic
Millionaire Homeowner," by
David Bach;
and "Real Estate Riches" by Dolf
de Roos. (Email us and we'll
give you a copy. Yes, GIVE) If you're local to Orange
County, you can go get a FREE dinner or consultation on the subject
by one of our trusted
Orange County
lenders, Derek Beisner, and our absolute favorite financial
advisor, William Jordan.
There are people who make a lot of money off of flipping, selling,
and 1031 exchanging real estate when done correctly. Remember
that its always easier to work with a professional than go it alone.
You may be surprised when we suggest that you keep your property,
lease it out, and still buy that new home. We want to remind
you the wealthiest people in America have KEPT their
property, and use it to buy MORE property. If you need help
planning to do the same, simply contact us
today and we'll set the wheels in motion!