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Investment Properties
Long Term Investments
Congratulations! You've made the decision to enter the lucrative world of flipping houses for profit, or you want to rent your house out, or convert it to an Air b&b. You've watched all the shows, have a pre-approval from the bank for $350,000 ready to spend. Your Uncle Charlie, the family handyman, is ready to go into business with you because he too wants to break into the business. What could possibly go wrong?
Unfortunately, it's not quite so easy to turn a profit doing flips. Even if you start out with a substantial amount of money, there's always a seemingly infinite list of more items screaming for your attention in any home remodeling project. The lines between profit, breaking even, and losing money are very close. The ideal house to make a profit on usually can't be financed by a bank because of its poor condition, so your pre-approval is useless. That means you have to buy the house for cash, and have enough left over for repairs, remodeling, landscaping, and staging it for sale. Unless Uncle Charlie is an expert at electrical, plumbing, roofing, foundation, and interior design, you will spend thousands extra hiring each of these people at full price.
Even if you manage to buy your house, invest your entire savings, and max out all your credit cards to get the house finished, there is no guarantee the house will sell right away. Nor is there a guarantee that when it does sell, you will make a profit, much less break even. Many factors play an important role: location, staging of your house, and the process of actually selling it. Wouldn't it be a lot easier, more efficient, and cost effective to just invest with us and let us do the heavy lifting, while you get a guaranteed return on your investment without the risk?
So, have you thought about what you would do with your profit from your flips? Without the right plan or guidance, you could find yourself paying a large sum of your profit in taxes. We have a solution to this! You can have your profit paid directly into an IRA, bond, college savings plan, or even a life insurance policy, to avoid the high taxes. When you sign up with us, you also gain access to our team of fund managers that can help you establish a savings and investment strategy that fits your needs, goals, and risk tolerance.
Already have a 401(K) or other retirement plans with your employer or former employer? Consider rolling them over into an IRA with us, allowing you to take control of your own retirement savings. Plus, your profits from real estate flips and any investment gains in your account remain tax-deferred until you withdraw the money or reach age 70 1/2. You will enjoy the convenience you’re used to, along with additional choices and counseling from our knowledgeable staff.
Home Renovations
Don't want to get involved in investing of any kind, and you just want us to update your home? With 25 years of experience in remodeling homes, no job is too big or too small. We can work with any reasonable budget and get the look you want for the money you have to spend.
It's okay if you don't know exactly what you want. It's our job to get the image of what you envision for your home out of your head and into reality. While we can, of course, work from blueprints or drawings, we are also able to work with photos from a magazine or website, even a picture you took on your phone of something you like. It all works! We can design as we go, help you choose flooring, paint colors, layouts, upgrades, and even appliances.
We are your one stop shop, able to handle the technical and design elements of the remodel, all for one price. Of course, you can hire your own people to do your interior design, planning, inspections, structural design, construction, finishing, landscaping, etc., but each person brought in is just adding more overhead. You're paying extra for costs to run their individual businesses as well as covering their advertisements. A one stop shop like ours keeps those costs low, and if there is something we can't do, we bring in our subs who work with us for professional discounted rates, and we pass those savings on to you. So, when you're ready, give us a call for a free quote and complimentary design consultation.