These Are the 3 Investment Tricks Every New Homeowners Should Know by Local Records Office
LOS ANGELES, CA – So you are looking into real estate investment, you likely want to earn revenue on a real estate scale while minimizing the amount of the time you will need to spend attending on the property floor says, Local Records Office. If you want to accomplish this you need to make some wise decisions when buying investment property. You number one goal should be to tackle to get as close as possible to on as many of these optimal scenarios as possible.
Smart Investment by Paying a Decent Cash-on-Cash Return
When you buy property you are taking money out of your liquid financial assets – stocks, bonds, etc.– and investing it into a very illiquid asset – “real estate” says, Local Records Office. You were earning a rate of return on your financial assets, such as 4 percent or 6 percent, and you should seek to earn a decent cash-on-cash rate of return on your real estate. To do this, you need to pro forma your deals and buy cash flow-positive properties that earn you generous returns – not those prize properties that are negative, negative, negative.