Residential Property For Investment Income
Not a week goes by that I do not have a client mention they are thinking about buying a rental home to generate investment income. One of my favorite TV channels is HGTV. On many shows they make it appear so easy and profitable to own residential rental properties. However, they do not include the whole picture.
Over the years I have developed an extensive financial worksheet that you must get before you buy that next residential rental property for income. This worksheet covers ALL the costs associated with owning a rental property and what the real net return is after all costs. After all, it’s just the net return that matters to determine true investment income.
To get a copy of this worksheet contact our office at 830 609-6986 or email us at [email protected].
The views expressed represent the opinion of Christian Financial Advisors®. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Stated information is derived from proprietary and nonproprietary sources that have not been independently verified for accuracy or completeness. While Christian Financial Advisors® believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability. Accordingly, such statements are inherently speculative as they are based on assumptions that may involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such statements. Past performance is not indicative of future results. For any discussion of equity securities: Investing in equity securities involves risks, including the potential loss of principal. While equities may offer the potential for greater long-term growth than most debt securities, they generally have higher volatility. For any discussion of taxes: Christian Financial Advisors® does not provide tax advice and encourages you to seek guidance from a tax professional.