Many real estate investors get caught up in flipping properties or wholesaling properties without considering the benefits of buying and holding onto a home. Owning a home long-term can have some serious financial benefits, as well as offering a sense of stability if you’re going to be living in the property. Keep these reasons for hanging onto your property in mind if you’re on the fence about selling your Stephenville, Texas chunk of real estate.
The first reason for hanging onto your property is that, generally speaking, real estate appreciates in value more than a fair number of other investments, according to financial advice website biggerpockets.com.
Another good reason to buy and hold real estate is that it can be a great source of passive income if you’re renting it out to one or more tenants. Also, with advances in technology, outsourcing the management of the property to other people or entities and keeping in touch with them is relatively straightforward and can provide a great revenue stream.
Return on investment is very important to investors. If the return on an investment is poor, the investor could not gain anything, or even lose money over the time and effort it took to invest. Real estate usually offers a pretty good return on investment, especially if renting out. Rent from tenants can easily pay the mortgage on a property with some money left over. Also, with the appreciation of value, the return on the initial investment grows even bigger.
A main economic concern with investments is inflation. However, if prices on goods increase through inflation, so will the cost of real estate, and ultimately the value of your property. Since real estate rises and falls with inflation, it’s a great way to maintain financial stability.
Interested in investing in the Stephenville home buyers markets? We are local experts and would love to assist you in obtaining your piece of Stephenville estate.
“Terry Childers was extremely helpful, reliable, friendly, and knowledgeable. We had some bad luck while house hunting but Terry was persistent and never let up. He went above and beyond to make sure we were satisfied. If we ever sell or buy again Terry is our only choice.”
“Jamie Stockstill held my hand through the entire process. Being a first time home buyer I had a million questions but she was always there, no matter what time of day, to answer my calls or texts. I always felt like she was working for my best interest. I will recommend her to anyone I come across looking to buy or sell.”
“Desiree Bridges went above and beyond to help us first time home buyers go through the, at times stressful, process. She constantly followed up on items and helped us stay on track, along with the bank and seller. Throughout the entire process she was professional, knowledgeable, and trustworthy. She took our complete lack of real estate knowledge in stride and answered every question. We never had to worry that something was slipping through the cracks on her end. And now we are satisfied home owners. Highly recommend and if I were gonna to buy another one I’d go with Miss Desiree again at Hayden Real Estate!!”
“Cindy Carrell is an amazing realtor! Cindy did an excellent job marketing our home & successfully helping it to sell for exactly what we wanted and in under 60 days. Cindy is professional and a pleasure to work with. She is prompt to answer questions and to help resolve those situations that arise while selling and buying a home. Cindy also helped us find our forever home within a week of listing our house. If you are looking for a realtor Cindy is an excellent choice!”
Cindy Carrell is an amazing realtor!
“Eric & Jamie Hayden were great to work with. They are very responsive and know the area well. They have a great team around them that made the process of selling very easy. We were out of state during the sale and they went above and beyond to assist in coordinating with us. Definitely recommend!”