TALLAHASSEE, Fla. (WTXL) -- This week's Home & Garden is all about real estate investing.
Realtor Rebekah Rivers joined us on WTXL Sunrise to break down some of the common misconceptions and the easiest way to get started.
Click the thumbnail to see the complete interview, and remember you can catch Your Home & Garden every Monday morning on WTXL Sunrise.
Here's more advice from Rebekah Rivers:
WHY INVEST?
- Accessible: Anyone can buy it - Appreciable: Increase in value over time
- Leverageable: Buy with a small down payment and borrow against equity
- Rentable - Cash Flow! Cash Flow! Cash Flow!
- Improvable: Sweat equity
- Deductible/Depreciable/Deferrable: Great tax benefits
STEPS IN INVESTING
- Build your investment dream team -
- Real estate agent, lender, accountant, vendors for repairs and maintenance, etc.
- Fully educate yourself
- Read the Millionaire Real Estate Investor or attend a MREI seminar
TIPS TO MAKE REAL ESTATE INVESTING AND MANAGING EASIER
- Buy a home warranty for all residential investments
- Purchase single family, town home or multi-family units
- Location, Location, Value - buy right you make your money when you purchase
