INVESTMENT PROPERTY                                                                        

Are rental real estate properties as lucrative as everyone make them sound?

No doubt about it, it is hard work but the benefits far exceed the risks and work involved.

Here are a few benefits and reasons to invest in rental real estate:

1.)       As a rental property owner, your tenants pay the monthly mortgage, you write off the mortgage interest, gain yearly appreciation, while at the same time, continually lowering your homes’ principle balance.

2.)       In recent years, the stock market has been volatile.  Real estate remains stable and has been for years.

3.)       Keeping money in a savings account will earn you about ½ percent per month, verses an average of 10% appreciation gain per year in rental real estate.

4.)       Passive income is the easiest way to make money and do nothing!

5.)       Increase your net worth every year.

6.)       The future of Social Security is uncertain, who knows if it will still be there when we need it.

7.)       Retire earlier while passive income keeps flowing in.

8.)       Secure your children’s future.

While many Realtors can sell you investment properties, why use The Kawohl Team?

We are doing it!  We have and continue to learn the ins and outs of rental real estate.  Initially, like most, we were petrified when we bought our first property.  We’ve learned from our experience and mistakes. We can assist you from locating the right property all the way through securing a lease.  We wholeheartedly believe in and reap the benefits.  We are truly excited every time someone decides to try their hand at rental real estate. 

Many say those who enjoy what they do, do better at it than those who don’t.  This holds true for us.  The key is you don’t get ahead if you don’t take risks.  The Kawohl Team can greatly reduce the risk by counseling you from purchase to getting your first property rented.

How many of us know a Real Estate ‘Nay Sayer’?                 

Typically, those who “talk” about acquiring rental real estate and don’t are those who focus primarily on the potential problems rather than the benefits.

They often associate rental real estate with toilets, bad tenants, property damage and evictions.  While these problems can and do occur occasionally, we’ve been able to identify ways to find properties that require less maintenance and screen prospective “bad seed” tenants, thus minimizing the risks greatly.  Investing in rental real estate has produced more wealth than any other single industry in history, however, research on your part is crucial to determine if it’s right for you.

How do I get started?                                            

The first step is to call The Kawohl Team.  We will assist you in finding a property that is right for you.  When doing so, we focus on:                     

1.)      Location, location, location: How is the location?  Is the area saturated with “for rent” signs?  Is it in an area that is appealing and will draw in good tenants?

2.)      Due Diligence: Do your homework!  Check the newspapers for rents, ask questions and take time to educate yourself.

3.)      Know your numbers: Will the property produce enough income to cover monthly mortgage, property management and maintenance?  We always say “Don’t fall in love with a box!”   To us, the properties are boxes that make us money.  Just because the property is cute, doesn’t mean they will be financially feasible.  Keep your emotions out of it, the numbers must work.

4.)      Condition of the building: Are you a handy man who enjoys getting his hands dirty?  Are you someone who doesn’t know how or has no desire to fix a toilet?  These are important things to know about yourself when looking for the right property.

5.)      Locating a possible purchase:  We call this the 100/10/1 rule.  When searching for a property, we typically view 100 properties, physically look at ten, and purchase one.

We can teach you how we’ve done it, what to look for and how to manage it, all to avoid the mistakes we’ve made.  Why re-invent the wheel?  Call the Kawohl Team!