REAL ESTATE INVESTING
 
Tom Haberman would like to be your real estate professional when purchasing investment real estate in  Minnesota, Western Wisconsin, Florida or Remote Island Properties! Whether your investment desires are hitting the links on a golf course, sailing the Gulf of Mexico, or getting in touch with nature in the mountains of Montana. I'm licensed for real estate in Minnesota although I have a team of trusted, licensed professionals across the country that I work with regularly who can assist in locating magnificent buying opportunities that meet your needs. You are not charged any real estate commissions and I can assist your interest in securing a property that meets your needs in the area of your choosing. This service is free to you, paid exclusively by the listing broker. 
 
Every piece of property is unique and requires a slightly different approach. Real estate is an asset that can meet a specific personal need. Good property with a desireable location should be regarded as a safe return investment. 
 A full time real estate investor requires knowledge in many aspects of real estate. An investor can literally purchase a great investment property through pictures, never having to see the property.  Your strategy here might be finding a desirable area where you think potential economic growth might occur. With both residential and commercial real estate, location is critical. Becoming skilled in real estate knowledge, the opportunity to generate a higher ROI (return on investment) becomes a greater possibility. Smart real estate decisions are possible with virtually any type of real estate investment.  

A part time real estate investor usually holds an earned income job.  A  part time investor can maintain cash flow from earned income employment while enjoying the property.  Any excess cash flow from the earned income employment can be used to purchase more real estate and diversify your investment holdings. 

Investment real estate is purchased with the intent of fixing up the property, a buy and hold real estate strategy or rental of the property over a period of time.  Second home purchases are great investments especially with the low interest rates and increased supply of mortgage money available to borrowers.  The National Association of Realtors recently found that the median age for vacation home buyers was 55 and the median age for investment-property buyers was age 47.

Use your IRA to invest in real estate.  Your IRA can hold many types of investments including mutual funds, stocks, bonds, and REAL ESTATE.  Retirement accounts can own real estate! 

Exchanging real estate or 1031 Tax Exchange is the tax code's most powerful reward for owners of investment real estate.  Like kind real property is any property held for an investment, trade or business and by exchanging the property, your gain is carried to the replacement property and the gain is tax deferred.

A baby boomer is reaching the age of 60 every 7 seconds for the next 19 years. The aging Baby Boom generation, those born between 1945 and 1965, has led to an increase in retirees, second home purchases and home ownership in general.  Many Baby Boomers are inheritance rich and retiring-- luxury real estate is in demand across the country.  Condo Conversions, Condos within hotels, Lofts..... purchasers are buying a lifestyle, not just a home.

Fractional ownership is quickly becoming a trend in investment ownership.  Fractional ownership allows you to participate in the ownership, tax benefits and appreciation while only incurring a fraction of the cost.
If you want to learn more and discuss your investment opportunities whether you're purchasing or selling real estate, please contact me to learn more. I will be happy to help with all your real estate investment needs. There could not be a better time to buy investment real estate than today!

 

As with any tax or legal matter, you should consult your tax or legal counsel before taking action.