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Investment Real Estate >Retirement and the Second Home
Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.
You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.
Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.
Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.
Who is really Number One? MY CLIENTS! I am committed to serving you! Serving Jupiter, Tequesta, Juno Beach, Palm Beach Gardens and surrounding areas. I understand the stress of moving, I also understand that a home is more than a house. It is a place we bring our dreams to life and where memories live. A place we raise our children, the nest we nudge them out of then welcome them back again and again. It is a place of our own. I listen and act accordingly making me the best Realtor for you. I get to know you personally and make it my business to ensure that you get the BEST. So let me guide you through all your real estate journeys, whether it is Selling, Buying,or Relocating. SELLING HOMES TODAY FOR YOUR TOMORROW!!!
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