Why Should You Include Real Estate in Your Portfolio?
Today I'm going to talk about investment properties, and why it’s important to include one in your portfolio. Investment properties yield several different benefits compared to normal equities or bonds.
The first is capital appreciation. You appreciate an asset value over time, where houses and apartment buildings generally increase as the years go by.
The second is cash flow. If you have enough equity in your property, the rent will pay off in addition to the mortgage and you will have passive income and receive cash flow on a monthly basis.
The third is principal repayment. The returns of your property are actually paying off a portion of your debt for you, which means more money in your pocket. You can also depreciate the asset over time, which will give you future tax benefits for other investments.
Here in Winter Park, we have a couple of different attractive investments if you want to stay local. For example, we work with local developers who build duplexes and condos from the ground up. Some of these condos cost between $450,000-$650,000 yield nightly rental rates from $200 to $400, which is a pretty attractive cap rate.
Due to the fact that they are new buildings, these properties are a good financial investment that will definitely appreciate over time. Real Estate of Winter Park also works closely with property management companies like Winter Park Lodging Company or Resort Management Group that will be able to take care of all of your landlord-related duties like collecting rent, finding tenants, and making repairs.
If you have any questions or want more information on the exciting opportunities we have in our pipeline, give me a call or send me an email. I look forward to speaking with you!
Elle is proud to be one of the few true Grand County natives you’ll meet. Daughter of the Assistant Fire Chief and longtime Winter Park Ski Patroller, she has been fortunate to call this beautiful and supportive community home for her entire life. Upon graduating from Denver’s Metro State University, Elle did take some time away from home to work and travel overseas in Australia and New Zealand. Still yearning to explore, she returned to the United States where she spent time in both South Lake Tahoe and San Francisco where she worked for a mortgage company. But all along, Elle knew her true home in the Rocky Mountains was calling, and she returned to Winter Park in 2012. As a committee member of the Winter Park Chamber Advisory Board and co-founder of the Winter Park Young Professionals, Elle has proven that she is dedicated to building a strong future for her beloved community. She’s pleased to answer any questions you may have about the true “local experience,” and from the school district to the slopes, she’s eager to help make her hometown your hometown.