Building a perfect portfolio during the pandemic was important for my clients. They needed their income from the homes and the homes also needed to add equity.
Equity is stronger than any other part of real estate in my opinion. Where are you going to build up money without actually having to save it?
Great example is I personally own a property that has $250,000-$300,000 in equity. That is real money and I can tap into it anytime I need to by selling the property or getting a loan. No matter what, it is real money.
The other issue is getting consistent income with your real estate. That is why I always get real estate in good areas. The old saying location,location,location is still true today.
I talked to the property manager that runs all my clients real estate portfolio and there were only 3 evictions out of over 100 homes. Therefore almost all the homes paid their rent during the crisis.
To me that is a perfect portfolio or at least as close as you can get.
This year my clients have the option of selling their homes and getting the income by continuing to lease their real estate.
That is the perfect way to build your wealth through real estate. Buying solid good real estate will always be in demand and be profitable.
Need to create income or equity for your portfolio?
Call me (Brett) 216-703-5740 Fathom Realty or Text "Success" to +12164555264
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Thank you