“I want to make an investment in real estate but I don’t know how it would affect my financial plans.”
Investing in real estate provides you and your loved ones many potential benefits:
Investing in real estate is popular. It offers both risks and potential rewards. Here are some recent statistics about real estate ownership in America:
Source: National Association of Realtors website accessed on December 30, 2020.
Here are some common questions about investments in real estate.
We help you by providing financial planning advice when you are:
We help with the financial planning for real estate purchases and provide education about mortgages and more.
We help retirees make decisions in alignment with their goals, maintaining dignity and independence.
Learn the ins and outs of vacation property taxation and make a plan.
Planning for investment real estate can reduce stress and increase your chances to achieve financial success.
Mitch and Sarah found us by watching one of the Denver television stations, who followed the family and their financial planner, Karl Frank, as they dreamed about owning their first home. It was the middle of the 2008 financial crisis and the television station wanted a story with a happy ending. They chose the right family! They were renting and holding down two jobs, saving money, staying frugal. Real estate prices fell through the floor but getting a loan was difficult in the Great Recession. We:
Held a discovery meeting
Put together a real-life financial plan
Planned for their kids’ college
Budgeted for a mortgage
Started saving money for their retirement
Helped with the investment decisions
Found the size of loan they could afford
Today, the family has grown. They are investing successfully and looking forward to new opportunities for future financial success. Plus, now that they have a house, they have plenty of room for their incredible collection of Star Wars memorabilia.
Jessie grew up in a family with a lot of financial stress. It seemed like her dad was always taking a new financial risk, and he would either strike it rich or they would “feel broke,” seemingly without any notice. Needless to say, Jessie was a little shaken by her upbringing and wanted security from her investments. When we met, she was considering becoming a landlord. Her friends bragged about their success renting their second home through an online short-term rental company. They offered her a pro-rata share of a new property they were considering. Jessie had recently inherited some money and was looking for a way to invest it wisely. But she was skeptical and scared of ruining a friendship. We:
Jessie purchased a rental property close to home. She loves the regular income. She avoided purchasing too large a property with her friends, and they remain close. Jessie has the rest of her assets in place for a long-term, real-life financial plan. She loves the relationship she has with her financial planner!
An initial conversation with one of our experts is always free of charge.