Pinellas Real Estate Investing with Pinellas Realtors Guiding the Way in 2011
Pinellas Real Estate investing may seem scary if you’ve never purchased investment property. As Pinellas Realtors, our goal in 2011 is to demistify real estate investing. You’ll be getting information presented in a simple, easy to understand format and will learn how to CREATE YOUR OWN WEALTH BUILDING PLAN FOR 2011.
We’re so excited about the investment information and technology we’ll be sharing this year we can hardly stand it! I might just pee my pants … oh dear, did I just really write that? Here’s a start …
Pinellas Realtors on Investing 101 – Top 9 Things Every Investor Needs to Know
- Rely on the numbers instead of your emotions. Investing is different than buying your own personal home (which of course is also an investment but likewise very emotional).
- The difference between investing and speculating is that investing relies on research and number crunching; speculation relies on gut feelings.
- Learn about or work with an agent that knows the difference between positive and negative leverage.
- Learn how to or work with an agent that can calculate the Debt Service Coverage Ratio (DSCR).
- Pinellas real estate investment beat the S&P 500 in appreciation over the past 30 years – and that even factors in the recent crisis.
- ‘Get rich quick’ schemes are just that -schemes. Work with an agent with investment expertise who can assist in your wealth building strategy.
- Learn how to deduct for depreciation and passive activity loss to increase your cash flow.
- Always invest with a clear goal in mind: One that includes an understandnig of a psecific cap rate, cash flow, expected return on investment and exit strategies should you need one.
- As is true with almost all homes for sale, your agent’s commission is covered by the property seller (whether or not you have your own agent). So you can benefit from agent representation and wealth-building planning and guidance at no cost.
Let’s fatten up those Pinellas real estate investing piggy banks together in 2011! Happy New Year!
Your Pinellas Realtors Providing Additional Rescources:
Also feel free to Search the MLS just like Pinellas Realtors here!
- Pinellas Realtors on What it Takes to Sell A Home Today in the St. Pete Times
- Pinellas Realtors on Buying Short Sales – What Are You Nuts?
Equal Housing Opportunity. Equal Opportunity Employer.
February 15, 2011 at 1:47 pm, Pinellas Real Estate Investments: Is it Wise to Buy Now? | The Pinellas Peach - Pinellas Waterfront Homes for Sale - Keller Williams Palm Harbor said:
[...] Pinellas real estate investing must bedone the right way. As designatedCIAS – Certified Investment Agent Specialists and licensed real estate consultants we’ll not only be sharing the ‘why’ – we’ll also be sharing the ‘how-to’ of investing the right way – step by step. Stay tuned! Tags: Pinellas Real Estate Investments [...]