Have you found yourself asking, “Why own one property, when I can own two? Or even more?” You’re not the only one. In fact, in today’s economic climate, many of our clients are becoming first-time real estate investors.
However, real estate investments require careful, strategic analysis and negotiation know-how when it’s time to strike a deal. That’s where we come in.
Lottmann Realty Group is able to match real estate investors (veteran or novice) with prime investment opportunities—and advise them along the way. Our process includes:
- Purpose of Purchase: Why do you want to invest in real estate? Are you looking for a residential or commercial property? Are you looking for a rental property or a property to refurbish and flip?
- Income Generation: Will your investment provide ongoing cash flow (car washes, apartment buildings, office buildings, rental houses)? Will the property appreciate over time?
- Funding: Some clients pay for investment properties the same way they would pay for personal properties. For many, other purchasing options can be explored.
- Options: In today’s economy, Lottmann Realty Group is fielding many questions about short-sale and foreclosed properties. A short sale means the seller’s lender is accepting a discounted payoff to release an existing mortgage. Foreclosure occurs when a lender or other lien holder takes possession of a property because the property owner has failed to make regular, timely mortgage payments or property taxes. In both cases, the creditors want to sell the property quickly. Short-sale and foreclosed properties are an affordable way to augment a real estate investment portfolio. But, it is essential that you have an agent who understands the nuances of both situations. Lottmann Realty Group has experience with both short sale and foreclosed properties.
To learn more about our process, contact us today. We look forward to helping you navigate the real estate investment landscape.