Investment Properties -Why Now?
It has been said, "Buy real estate, they're not making any more of it.", it still
applies today and Charlotte, NC is a growing dynamic city with a wealth of opportunity. If you read Forbes' magazine you will have noticed that many of the wealthiest individuals in America today made their fortunes in real estate.
Whether it is commercial, residential or speculative vacant land the opportunity is now. You will not find better values in the Charlotte market than now. With the economic conditions prices have fallen and that means properties are on sale.
The Myrtle Beach, SC area is another area that has fantastic current opportunities. Beach property has experienced a real downturn in today's market due to current economic conditions. Many second homes are now on the market as the owners are no longer able to afford them.
We believe that single family residential property is the best and easiest type of investment that the average person can make. The tax advantages, appreciation, depreciation, and equity buy-down make it an ideal vehicle for passive income, and an excellent retirement tool.
Large amounts of cash are helpful but not required. Good credit is helpful but not necessary. What is required is a desire to be financially independent and the courage to take the first step to a better life.
Residential investments
We believe that single family residential property is the best and easiest type of investment that the average person can make. The tax advantages, appreciation, depreciation, and equity buy-down make it an ideal vehicle for passive income, and an excellent retirement tool.
Since we actively invest in real estate, we often run into properties that are real buys. Properties that have a high value in proportion to acquisition costs, in other words, "instant equity". If you are handy with tools, consider distressed properties that can be rehabilitated.
Although we no longer offer brokerage services for residential properties, we can team you up with other agents in Charlotte and Myrtle Beach that can help you. Contact us today to discuss your requirements.
Commercial Investments
Commercial Investments are also an ideal tool for building wealth. If you have income or resources that are greater than most then commercial property investments should be a vehicle for you to consider. I must advise though, that single occupancy commercial buildings have greater risk. You lose your tenant, you lose the entire income stream. Multi unit properties are inherently safer investments especially if you are dependent on the cash flow.
Requirements
Large amounts of cash are helpful but not required. Good credit is helpful but not necessary. What is required is a desire to be financially independent and the courage to take the first step to a better life. Consider joining a local real estate investment association to learn more about investing in real estate. They usually hold seminars and training sessions and are an excellent way to network and find properties.
If your income and credit are not where they should be, what are you doing to improve them? Consider partnerships and pre-foreclosures.
Use Our Financial Calculators
We have 20 free financial calculators available for your use right away. These will help determine what you can afford and how soon you can get out of debt.
(Click here to access the calculators)
Nakos Realty & Investments
7430 Dotts Ct.
Charlotte, NC
(704) 900-3235