Real Estate Guide 2 Success Learning Series
Profiting From Residential Investment Property
• Money at the Settlement Table • Profiting from the Monthly Rent • Refinancing the Property (Equity Out) • Selling the Property for a Profit • Investment Property Tax Advantages
Profiting From Residential Investment Property
• Sales price raised above sellers asking price
• Title company pays seller and gives you surplus
• Conventional financing / High enough appraisal
• Title company and mortgage company agrees
• Seller gets asking price
Money at Settlement
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• Monthly rent charges provide extra income • Geographic area must support higher rent • Tally all expenses and determine your profit • Don’t underestimate expenses (incl. repairs)
Profit from Rent
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• Investment property increases in value • Take out equity available in the property • Use for business purposes or put in bank account • Not taxable, but does increase the monthly payment • Rent increase needed / area must support higher rent
Refinancing Your Property
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• Investment property increases in value • Sell the property for higher than your mortgage • Profits from sale are taxable • Potential profit based on appreciation in area
Sell or Flip The Property
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• Investors get depreciation write-offs • Unlike other write-offs, no cash outlay is required • Business assets (houses, car, computer, etc.) • Depreciation savings are big for multiple properties • Money not spent on taxes is money saved (earned)
Tax Savings
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Free Beginners Real Estate Investing Course
• Repair Your Credit • Get Investment Property Financing • Locate Profitable Investment Properties • Fix Up Properties • Find & Manage Tenants
http://www.realestateguide2success.com/freecourse
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