subject: Subject-to Investing For The Future [print this page] If you wanted to buy 10 properties via subject-to transaction in a great neighborhood today (in Atlanta, at least) you probably could with little trouble and very low expense. However, once you had those properties, what would you do with them? Many people look at real estate investing as a short-term operation. This is a product of the massive influx of wealth that was created by real estate in the past two decades. In a lot of cases, people have actually forgotten that real estate investing used to be nearly exclusively the realm of the long-term investor.
Investing in real estate long-term is, academically, always a good proposition. There is only so much land, which creates an inherent scarcity in real estate. Now, currently in some geographic areas there is more land than anyone wants right now. However, all experts agree that regardless of how times change to make that land cycle around, it definitely will once again be in demand admittedly, probably not by the same people or for the same reasons, but in demand nonetheless. As a result, financial experts agree that if you have the time and the funds, long term real estate investing is still a fairly surefire way to save for retirement or to create a source of additional income later on in life.
It used to be that people bought real estate until their real estate investing fund ran out, then they made their monthly payments however they could and built up equity in those properties until the time came to sell that real estate. Then, they would sell off the property and either live on or reinvest the profits. Now, you can do a very similar thing, but for far less initial outlay using subject-to investing. Subject-to investments generally require far smaller down payments (if any) and thanks to the great mortgage rates available in recent years, many come with low, fixed rates and low monthly payments. As a result, if you want to invest for the future and you do not mind holding onto these properties for an extended period of time, you can accumulate quite a large volume of properties using this method. Just be prepared for the upkeep, and analyze the markets carefully to make sure that you are selecting areas that are fairly likely to begin to grow again within your time frame.
Of course, you should always evaluate any investment with the help of a certified financial planner.
Peter Vekselman has been successfully investing in real estate since 1996.He has completed over 1200 real estate deals, owned a construction company, been a private lender, and owned a property management company. Peter currently works with clients all over the US helping them achieve riches in real estate investing. For more information please visit www.CoachingByPeter.com
by: peter V
welcome to Insurances.net (https://www.insurances.net)
