100 likes | 186 Vues
In a world of economic uncertainty, disappointing returns, and out-dated investment strategies, where does an investor turn to find valuable insight about “on-trend” investments?
E N D
T Th he e C Ch ha al ll le en ng ge es s o of f I In nv ve es st ti in ng g C Cl lo os se e t to o H Ho om me e mobile home park investment options close to them. These definitely should not be ignored. However, there can be pitfalls of staying local too. Some investors will find they have great
Access to more data, technology, and contacts than ever before now enables real estate investors to effectively invest in and hold properties virtually anywhere in the world. So with such great freedom, and no barriers what are the pros and cons of sticking close to home versus further afield? What’s better, and why?
T Th hi is s i in nc cl lu ud de es s: : • L Lim local is the potential to fall into DIY style self- management. This notoriously traps many, even among those who didn’t plan to get involved. There is just too much temptation to stop by, answer the phone, and try to fix it yourself. That can create all types of bad habits, confusion, and issues. imit ited ed O Op pti tion ons s - Perhaps the worst part of staying
• P Pr riv ivac acy y & & Se of being known as the big land owner in town. For others the spotlight is a nightmare. Most investors fail to put enough cushion between them and others. That means they can easily be looked up and hunted down by irate tenants, and the attorneys of malicious fraudsters and opportunists. Sec cur urit ity y - Some investors like the ego boost
• U Un ns sustain DIY property management trap face even bigger issues later on. Eventually most investors will move. They may move for better weather in retirement, to be near family, or to downsize and be close to good healthcare. If you haven’t built in enough margin to cover hiring a professional third party management firm that could mean a negative cash flow situation which begins to eat into previous gains. ustainab abl le e I In nv ve estme stment nt Mo Mode del l - Those that fall into the
T Th he e B Be en ne ef fi it ts s o of f I In nv ve es st ti in ng g w wi it th ho ou ut t B Bo or rd de er rs s ruling out mobile home parks that may be right down the street. It simply means keeping every option open so that you can invest in the very best deals, anywhere. Investing with a full map doesn’t mean
S So om me e o of f t th he e p pe er rk ks s o of f t th hi is s a ap pp pr ro oa ac ch h i in nc cl lu ud de e… … • Finding the Right Match in Price Points • Finding the Best Matching Properties • Investor Friendly Locations • Diversification
B Be es st t D De es st ti in na at ti io on ns s R Ri ig gh ht t N No ow w micro market is turning on its own cycle. With more options mobile home park investors are able to seize on the ripest markets at the best moments, for maximum results. It’s no secret that all real estate is local. Every
For inquiries, visit us at m mo ob bi il le eh ho om me ei in nv ve es st to or rs s. .c co om m