As we approach the official end of year, it is only natural to look towards the future and set goals for ourselves in the new year. As investors, it is important to be on the forefront of industry trends and set goals to increase the likelihood of success in all of your real estate endeavors. In this week’s blog, we would like to discuss a few trends and tips that will help you reach your real estate investing goals.
Spending over 2 decades assisting clients with their real estate investment ventures, not to mention his own, Paige Slyman is often cited as one of metro Atlanta’s top real estate advisors. Below are a few of his year end “tips of the trade” and “food for thought” when it comes to putting your hard earned money in the real estate market.
-Historically, banks are eager to unload their real estate inventory towards the end of the year. The thought behind this is that banks would like to begin the new year with a clean slate and not have inventory from the previous year still on the books. Now is the time to invest.
-If you own 401K, stocks, bonds or money markets among other investor tools and strategies, it might be advantageous for you to consider diversifying your investment portfolio to include a rental home. When looking at his extensive portfolio of metro Atlanta investors, Paige Slyman says that his investor clients usually average $200-$300 net positive cash flow per month.
– As a continuation from the previous bullet point, because a home is an appreciating asset, it can be a HUGE tax deduction which is an enormous pro to investing in a home for a rental program. Most other investments do not allow for such deductions.
In closing, as we put an official end this year, now is the perfect time to open up the possibilities of investing in real estate in metro Atlanta. The perfect combination of low interest rates and steady home prices have come together to make incredible investment opportunities. Paige Slyman is an expert in guiding his clients in the investment process and has over 2 decades of personal real estate investment experience under his belt as well. Contact him today and begin the path to achieving your investment goals.
Contact Paige Slyman for all of your real estate needs at 770.405.0100 x 2 or email us at paige@paigeslyman.com