Filtering by Tag: investment

"Investing Advice from Unlikely Investors"

Dear Friends,

I just returned from one of my favorite conferences of the year - Milken Global Conference. Changemakers and innovators gave inspiring talks on topics from finance to wellness. It is invigorating to hear how we can use financial innovation to drive the kind of outcomes that inspire us. 

My favorite panel is " Investing Advice from Unlikely Investors" hosted by Michael Milken.

A few takeaways pertaining to real estate:

  • What you buy is more important than what you pay

  • A good contract does not make a lousy investment successful

  • There is no such thing as a "Must-Do" deal

Hope is not an investment strategy but real estate investment is. Investments are commitments that compare to relationships. Some investments, like the stock market, compare to dating while real estate investment compares to marriage. With any commitment, diligence is essential.

As an advistor, I work diligently to insure my clients have successful marriages. Are you looking for your next successful courtship? Call me today.

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An Era of "Land"lords and Serfs?

From the Desk of Cindy

An Era of “Land”lords and Serfs?

Almost everything I hear and read speaks to how bad home ownership is right now. It seems the world is telling everyone to rent. Why is the drumbeat to rent getting louder and how should you approach it? Renting has its time and place. I think renting for the long term is one of life’s biggest mistakes. Renting for the short term fits if you are in the middle of a life changing event; a new job, a move to a new city, a new relationship, attending school, or some other event that has a 6 to 12 month adjustment period. For these reasons, there is a need for rental property and this may be the perfect time to own rental property for investment purposes. 

With this in mind, if it is being decided the world should focus on rentals thus returning us to a “land”lord and serfs era, why not be a landlord? Some benefits of rental property ownership include the benefit of depreciation and tax breaks that rental developers receive. Right now may be the perfect time to invest in rental property, especially property that caters to the “essential housing need”. Combine long-term investment strategies, a hedge against inflation, and tax considerations, being a landlord right now is worth considering. 

If you are an investor looking for opportunities or a current landlord looking to cash out on long held properties, call me. I would love to continue this discussion with you.