What ARE Your Investment GoalS?
Whether your investment goals are to acquire a few rentals for passive supplemental income, or to build a comprehensive multi-family portfolio, we are equipped to guide you toward them. As active real estate investors, we understand first hand the challenges unique to real estate investing and can help you navigate Nashville zoning laws, evaluate return rates, and make educated decisions about long-range equity growth opportunities.
Invest in Real Estate to Save for Your Retirement
Rental property allows you to build equity for a later date with little to no monthly investment from your personal monthly budget. By purchasing a property in an appreciating neighborhood and reinvesting rental income back into the property, you can grow your nest egg passively. This type of investment is characterized by long-term equity growth.
Invest in Real Estate to Create Supplemental Income
Investment property can be an excellent way to offset the vicissitudes of commission-based or free-lance income, or give some financial freedom to those wanting to scale back their primary occupation to pursue other interests. For those seeking to create supplemental monthly income, the focus is on a cash-flowing property. For these investors, longer amortization schedules make sense to minimize monthly expenses and maximize monthly returns.
Invest in Real Estate to Save Money for College
Raising a family is expensive, and sometimes finding the money to invest monthly in a college fund is a goal just out of reach. If that is your situation, consider purchasing a rental property with a mortgage on a fifteen year amortization schedule. While the rent will just cover mortgage payment, in fifteen years, you will own a property free and clear, which can be sold (with tax implications), or refinanced (tax-free) to pay for college.
Invest in Real Estate to Offset College Expenses
If your child is entering college now and the dorm bill is daunting, consider purchasing a house close to campus and renting the extra rooms to your child’s classmates. With the rents covering the mortgage, your child will have a free place to live while learning valuable life skills managing the property. After graduation, the property can be sold and the down payment recaptured. You could even use a 1031 Exchange to use those funds to purchase a retirement property for yourself tax free.
Invest in Real Estate to Save Money for Taxes
There are many tax advantages to investing in real estate. We will work with your tax advisor to help you maximize tax incentives by investing in Opportunity Zones, applying for the the Family Owned Non-Corporate Entity Exemption (FONCE), and structuring your purchase to maximize mortgage interest and depreciation deductions.
