Most of us heard and intuitively agree with statements like “buying a house is/was my best investment” or “real estate is the best investment”. Yet, there is a huge difference between these two statements; the former refers to buying a residence as an investment while the later implies “other” real estate investments.
If you own a house, we don’t think about making an immediate profit. We are OK with “loosing” money every month for mortgage and utility payments. After all we need a place to live and we are OK with paying for it. We look to making a profit once we sell the house. As a result, many of us fail to take full benefit of our house as an investment. We pay it off too fast and loose tax benefits or don’t take advantage of equity we have created early enough. We are afraid to sell it as we fear tax implications. Our caution is justified – owning a house is synonymous with our need for security. We don’t like to experiment with our security.
Buying “other” real estate for investment doesn’t carry similar emotional load. We treat it as every other investment in terms of about positive cash flow, return on investment, etc.
Cimpler Real Estate agents assist clients with both types of investments. It is not that you cannot find out (especially now when we have Internet), but most of the time we are too busy living our lives and learning about real estate isn’t always the highest priority. We learn as time goes by and realize that if we only knew “all of it” sooner our lives would be easier and future brighter.
Cimpler helps clients like you to take advantage of real estate investment sooner in their lives. While minding your need for security, we will help you to treat your house purchase as an investment from day one (and not once you try to sell your house) and we will introduce you to financial planning, when your only available resource might be a small equity in your house. We will help clients to maximize their benefits of owning real estate, be it a residence or investment property.
If you have real estate or mortgage questions the following resources are available to you:
And one more thing - at Cimpler we are not concerned about creating wealth or making you rich. We are concern about giving you tools (including education) so you can do it yourself. We want to make your life easier and more comfortable and if you take it a step further and become wealthy – we will be happy for you.