Is Investing in Other Properties Worth It?
Investing in other properties can be one of the best financial decisions you ever make. But not all real estate ventures are suitable for the average person. To get your money’s worth, look for an opportunity that offers the following six advantages:
- Low risk.
- Passive income.
- Professional management.
- Long-term economic viability.
- Real consumer value.
In this post, we’ll see why these features are so important to a worthwhile investment. Use the information, along with the advice of a qualified financial professional, to make sound investing decisions with your money.
One of the barriers to traditional real estate investing is the high cost of entry. To see what we mean, consider that the typical American home costs almost $300,000, according to zillow.com. Simply raising the down payment for such an expensive property is beyond most people’s means.
Fortunately, there’s a way to get around this disadvantage. Putting your money into vacation investment property combines your funds with those of other stakeholders. This allows you to become part owner of a highly profitable vacation home for as little as $100.
Traditional real estate investment is a high-risk enterprise. That’s because many factors can impact the value of a particular property. The local economy could take a nosedive, crime rates may spike, and schools in the area may lose their educational value and become unsafe.
This is another reason why investing in vacation investment property makes so much sense. These properties are located in popular travel destinations like coastal beaches, resort lakes, and scenic mountain communities. They’re the kind of beautiful places that people love to visit again and again, with lots to see and do. So you can count on consistent rental income from your investment.
Traditionally, making money from rental properties takes not only plenty of money but real estate savvy and lots of hard work as well. Sure, it’s possible for someone with a few hundred thousand dollars to pick up a string of rental houses and manage them. But this means collecting rent, taking care of upkeep, dealing with problem tenants, and worrying about your renters skipping town in the middle of the night.
Investing in vacation rental properties is a different story altogether. Trained professionals take care of maintenance, budget management, and ensuring guest satisfaction. You never have to take a real estate class, strain your back, or set foot outside your house. All you do is invest your money through an easy-to-use online portal and then wait for the returns. What could be simpler than that?
Making money from traditional rental properties requires extensive knowledge of building codes, home repair tricks, credit and collection laws, and advertising/marketing. That’s why most property managers have a college degree in building construction or a related field.
For these reasons, we recommend considering real estate investment opportunities managed by a highly trained team of professionals. They have the experience and expertise to handle all the complex stuff, while you provide the capital and wait for the returns.
Long-Term Economic Viability
History shows that many investments don’t pan out in the long run. To see what we mean, think of all of the retail chains that have gone belly-up in the past 20 years. Remember Kmart, Sears, Blockbuster, Toys “R” Us, and Furniture Factory Outlet? At one time they created huge profits for their investors. Now they’re nothing but distant memories.
Styles change, trends come and go, but the human need for rest and recreation remains constant. That’s why the travel and vacation industry still survives, despite the impact of COVID and the 2008-2009 economic crisis. By investing in vacation rental properties, you become part of this stable, long-term sector of the economy.
Real Consumer Value
Is making money worth the price of a guilty conscience? We don’t think so. To the contrary, the best investments are those that offer real value to consumers and communities. These are the kinds of opportunities that you can take pride in supporting.
And nothing offers better value to travelers than having a clean, safe, well-maintained vacation property to call home during their trip. It offers a welcoming place to lay their heads and get a good night’s rest after a busy day of enjoying themselves.
At the same time, it provides employment opportunities for those who maintain and manage the properties. This stimulates the local economy and makes the surrounding community a better place for all of its residents. That’s a true win-win scenario for everyone involved.
The Final Word
Investing in vacation rental properties has all the hallmarks of a low risk, high return, community-positive investment. Learn more about this great new opportunity by setting up your free account on here.co today. You’ll have the opportunity to view existing and upcoming properties and choose whether or not to invest in them. Before long, you’ll be on the road to lasting financial security.