Many folks think that property investment is simple. You find an underdeveloped area that’s hot and attracting both retailers and renters, do some research, buy the property, and take it easy. Property values climb, and that’s the end of it…right?
Wrong. Property investment must be done correctly even in a flourishing market – or even because of one. It’s more science than art, and facts and analysis are more important than intuitive instinct. That’s where Pearl Lemon Consulting’s property investment consulting team comes in.
Experienced, knowledgeable, profitable, and successful. These are the characteristics you need in a property investment consultant. Pearl Lemon Consulting possesses all of them, as well as a few more. Our team is made up of seasoned real estate investors that know what to look for. They know how to notice the subtle differences between one property and another that make one a home run and the other a miss. They know when to bargain and when to walk away from a situation. They know when it’s better to invest jointly and when it’s best to go it alone.
The property investment consulting services by Pearl Lemon Consulting are some of the most comprehensive on the market. We take into account everything that could affect your investment, from hyperlocal to national market developments, to ensure that your portfolio is as solid as possible.
You’ve probably heard and read a lot about the value of accumulating wealth. And, in light of the financial turbulence produced by the COVID-19 crisis, many people are understanding that having revenue streams that are not exclusively based on the salary you are paid from your employment is more crucial than ever.
Real estate investment is one of the more exciting and lucrative ways to generate income. Property flipping and rental ownership are two of the most common and established strategies for doing so.
Rental properties demand a long-term commitment and varied degrees of reinvestment, whereas flipping is a short-term, labor-intensive investment. Both entail the purchase of real estate for the sake of profit, but that’s where the parallels end.
If you’re thinking about getting into real estate investing, which option is best for you? That answer will vary greatly from investor to investor – and a property investment consultant is a perfect person to help you determine which might be right for you – but here are some of the basic considerations:
Which option you chose is determined by a variety of criteria, the most important of which are your existing cash flow levels, your long-term aims, and the markets you are considering investing in.
Some real estate investors follow the rule of thumb that flipped homes make a quicker profit than rental units. Others would rather have a slower and more consistent income stream from rental units than a windfall to enable them to reach their financial goals in smaller steps.
Property flipping is the process of bringing a property up to market value and quickly selling it for a profit.
Although some people believe flipping houses to be an excellent way to start developing their portfolios, others choose to start with a rental property.
Residential or commercial property investment is a practical and proven path to wealth growth, whether you choose to flip homes or invest for the long term. Which option is ideal for you is determined by your financial resources, time, interests, and preferences. Working with the experts on the Pearl Lemon Consulting property investment consulting team will help you get the most out of any project. Contact us today to learn more.