What is the best way to invest in real estate?
Imagine how amazing it would feel to finally pull together a plan to invest in real estate. If this sounds like something that sparks joy for you, then imagine no more because we can make this a reality! Plus, there’s no time like the present to get started!
Here’s one of the easiest ways to start your investment journey:
- Step 1: Buy a house, condo, or townhome in an up-and-coming or in-demand neighborhood or school district. (PS - we can help!)
- Step 2: Move in, and live life! As you do, get the home looking better than it did when you bought it by making small cosmetic changes.
- Step 3: After a year or two, buy a new home, and rent out the first one. (Two years is better than one since you’ll be able to avoid capital gains taxes if you live in the home for at least two years.)
- Step 4: Wash, rinse, and repeat!
By living in a house before renting it out, you can finance it as a residence, which will land you far better terms on a loan.
Sound like a plan you’re ready to execute? Reach out to us and let’s get the pieces in place. It’ll take a few years, but this is one of the safest ways to invest in real estate and see some great returns!st realtor in Des Moines
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