FINDING THE RIGHT INVESTMENT PROPERTY IS EASY WITH AFRIHOOD
OUR PRE-CONSTRUCTION VIP ACCESS WILL INCREASE YOUR PROFIT POTENTIAL ON YOUR NEXT INVESTMENT PROPERTY
There is nothing more satisfying than the comfort that comes from the knowledge that you have additional, passive revenue coming in from investments that will continue to appreciate in value to help build up your retirement savings. And almost everyone has heard at one time or another that real estate – specifically rental income properties – are the single best investment you can make. Many people have benefitted financially from buying a home or rental property. In fact, once they begin to see the investment income and increased cash flow that their rental properties deliver, they often begin to acquire additional investment properties. But most people don’t realize that there is a secret to succeeding when investing in real estate.
PLATINUM VIP ACCESS FOR PRE-CONSTRUCTION CONDOS, HOMES, COMMERCIAL AND INVESTMENT PROPERTIES
Afrihood also offers a unique advantage to investors looking to purchase pre-construction or commercial property, in that we have many strong relationships with builders of upcoming developments in high-demand locations. In many cases, we can extend incredible pre-sale VIP discount pricing or exclusive incentives that are not widely available. Those considering a newer home as an investment property can expect to benefit from pre-construction pricing and should have less maintenance and repair costs than much older homes in more established areas.
So don’t leave anything to chance. It’s always wise to enlist the help of professionals, especially when considering buying a pre-construction income property. Whether you’re considering buying your first rental home or you have already begun to build your real estate investment portfolio, Afrihood can offer unbeatable access to the best possible pricing and incentives on condos and commercial property, and will even help you avoid the common pitfalls that investors make by helping you identify the right properties that are most likely to provide positive cash flow as they appreciate in value.
Afrihood’s top income property advisors help investors through the key stages of locating and assessing the profitability of new or existing rental property, including:
- Property inspections
- Profit projections
- Operating cost and cash flow calculations
- Legal fees
- Mortgage options
- Property tax calculations
- Offer negotiation
- Property type (single family, multi unit, commercial)
- Location research
- Viability of sustainable tenants
- Past tenant history
- Maintenance and repair projections
Call us at 234-706-288-8927 today, and let Afrihood find the right home or property for you.
INVESTMENT PROPERTY STRATEGY: INCREASING YOUR PROFIT POTENTIAL
Investing in income and rental properties can be an exciting and profitable way to build your income and save for a more luxurious retirement. Many people understand that real estate can be an extremely profitable investment, but are intimidated by their lack of knowledge and are highly cautious of potential risk.
Before investing in an income or rental property, think through what type of investment you’re most comfortable with. If you are particularly handy, you might consider finding a home listed below market value because it needs some light repair and renovation. Renovating the property yourself can save you thousands in professional contractor fees, but you have to have the time to invest in increasing the property value yourself. Once completed, you stand a better chance of turning your investment into sizable profit by selling for much higher than you paid for the property. Another good option might be a multi-family dwelling that may require more repairs, but also provides increased rental revenue from more people – helping you to rapidly pay your mortgage on the investment property through the increased income.
If you aren’t handy, a single-family rental may be more appropriate. Although you may need to rely on contractors for general repair and property maintenance, this can be offset by having reliable, long-term tenants in newer buildings that are already in good condition. Single-family rental properties are often a good point of entry for new investors.
Once you gain experience as a successful property investor, you may even consider investing in commercial real estate. Be sure to work with investment experts before taking that next step in order to reduce your risk and maximize your investment profits.