Jon Fidler Real Estate Options
10/06/2022
Did you know that the best time to buy a home is yesterday? Yes, that is true even in a down market.
Even though there are moments when home prices go down, you always make the most money on your home by getting into it as soon as possible because homes steadily increase in value over time.
Let's help you buy that home yesterday (today). 😁
Jon Fidler
Equity Real Estate
801-918-3130
08/22/2022
I enjoy sharing great ideas...
For example, have you ever thought about your retirement and worried about having enough? Since getting into Real Estate, I have learned the most recession proof investments are in buying homes (even in a bad real estate market). Not the home you are living in, homes to rent out to other people to pay your mortgage. Imagine what kind of life you would have owning 10 homes that bring in $1000 each per month. Note: Mr. Darcy only brought in £10k per year.
To explain, rental rates typically follow mortgage rates. This means any home you buy today can almost rent for the cost of the typical mortgage payment. The bonus is that rental rates increase over the years however your mortgage does NOT.
Therefore, the best way to plan for your retirement is to figure out how to buy homes today... Or you can plan on the stock market based 401k plans working out in your favor.
If you think you don't have a lot of capital to start with, call me as I have people I work with that knows how to make it work. Another trick is to offset buying a home that meets current rental rates by buying below the cost of other homes of the same type. If you don't mind a home that needs some work, this is where a Realtor that understands the fix & hold market can make a difference for you.
As a Realtor, I see a lot of Utah homes listed on the MLS as well as a lot of off market homes that are not priced well for a fix and flip, yet are excellent to buy for rental properties.
If you are hesitating to buy your first rental property only because you don't know how to do it, give me a call. I am pretty confident that I can ease your concerns about getting started.
Interested in starting your rental portfolio? Check out some of these homes that I can get you in to see. Note: Even in bad markets, the home you will see on this list will sell very fast, so give me a call soon.
Jon Fidler Real Estate Options
Equity Real Estate
801-918-3130
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1218 7800 S
Sandy, UT
84094