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The Buy, Rent And Hold Strategies
- Purchase Real Estate In Different Markets (never have all your eggs in one basket)
- Buy Below The National Median It Betters Your Rent To Mortgage Ratio
- History Shows Us That Most Real Estate Doubles In Value Every 7 – 10 Years
- Obtain Seller Financing for $0 To Little Money Down, Which Lowers Risk And No Banks Involved
- New Builds Offer Many Incentives And Better Neighborhoods
- Older Properties Offer Lower Sales Price And Better Cash Flow
- Properties Are Located In Strong Rental Markets
- We Only Invest In Real Estate Markets That Have Strong Population, Economic and Employment Growth
- These Are Stable Communities Anchored By Military Bases, Hospitals, Universities And Fortune 500 Companies
New Construction vs. Older Homes
New Homes are the smart way to armchair investing. They typically are in new subdivisions, draws better tenants and have no fix-up. They are also more desirable when you decide to sale.
Or…
You can purchase an older home for less money that may require fix-up, such as paint, new carpet and other cosmetic maintenance. Older homes tend to offer the investor a greater monthly cash flow.
Here are a few great reasons why we buy new homes:
- Low Maintenance
- New Schools, Shopping Centers, Entertainment, Etc…
- Attracts Better Renters
- 1 Year Warranty By The Builder
- Stable Homeowner Communities
- Better for Future Appreciation and Re-Sale
Rent Ready Homes
How easy can it be when everything has been done for you? When you purchase properties through the Gilliland Real Estate Network, we include all the amenities needed for your rental. We have learned that if rental properties are “rent ready” at the time of closing it makes the home more attractive to the potential tenant and no money out of pocket.
Think about it… the other alternative is to fly out there, rent a U-Haul, buy and install appliances and get down and dirty to landscape the backyard. This takes a lot of time, money and loss of rents. K.I.S.S. (Keep It Short and Simple)
Here is what’s included in a rent ready package…
- Front and Backyard Landscaping
- Window Coverings
- Refrigerator And Stove
- Garage Door Opener
Here Are A Few Great Reasons Why We Buy Older Houses:
- Lower Sales Price = Less Money Down
- Bigger Discounts On The Purchase Price
- Cash Flow
- Build Sweat Equity
- Sometimes Can Obtain Seller Financing
Property Management
Why Property Management And What Do They Do?
Property management is well worth the small tax-deductible fee as it will free you of the stress and headaches of being a landlord. The managers will provide 24-hour care for your property, so that you will not get a call at 2 a.m. about a plugged toilet.
On average our property management companies offer our investors a discounted fee of 5 - 8% of the gross rents.
The benefits of property managers:
- Finding A Renter and Advertising
- Screening Tenants (background & credit checks)
- Leasing Agreements
- Collection Of Rents And Deposits
- Providing The Owner Monthly Statements With Rent Monies
- Maintenance And Care For Your Property
- Evictions
* We strongly suggest that you do not manage your own properties, unless they are near your home and you know the landlord laws of that state. ** There may be additional fees for some of these services. Prices and rates are subject to change. |