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In this presentation, the president and C.E.O of Morelia Group, Chris Hildebrant Cincinnati, explained some of the best tips for investing in real estate. #chrishildebrantcincinnati
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SECRETS OF REAL ESTATE INVESTING CHRIS HILDEBRANT CINCINNATI
We're all thinking about it; some are acting on it by purchasing real estate investment properties. The longer the New York Stock Exchanges do not offer satisfactory returns, the more individuals will begin to invest in real estate. Chris Hildebrant Cincinnati shared some practical and unique tips to help you beat the crowd in investing.
Real estate expert Chris Hildebrant Cincinnati says the first thing you need to focus on. Single-family houses are the natural choice for most of us. Although you may invest in real estate without owning a home, most individuals learn through their home-buying experience. This is familiar territory, and the learning curve for a real estate transaction is relatively short.
Of course, there is a disadvantage to this strategy. The competition is severe, and there are places where speculators artificially raise property prices while deterring first-time home purchasers. If this is the case, the real estate bubble will explode in no time.
How do you avoid these circumstances while still investing in real estate successfully? How can you stay ahead of the competition while preparing for hard times in real estate investments? Commercial real estate is the only answer I have. Why commercial real estate, you may wonder? Commercial real estate is an excellent investment in both good and bad markets. I'm referring to multi-unit apartment buildings as commercial real estate.
Yes, Chris Hildebrant Cincinnati also focuses on becoming a landlord; no, you will not have to perform all the work yourself. You are the owner and not the manager of the apartment building. The cost of owning and managing the building is included in your expenses and will be covered by rent.
Apartment complexes with five or more units are considered commercial real estate. To make the numbers work, you must consider owning numerous modest apartment complexes or larger structures. This will maintain a positive cash flow expense to income ratio. The goal of owning rental properties is to generate a positive cash flow. It is simple to produce positive cash flow while investing in single-family houses. Even if your rent revenue does not fully cover your costs, the house's value will contribute to a positive cash flow. The rules for commercial real estate are varied.