Real Estate Investing
Are you thinking about adding Real Estate investing to your portfolio? However, in listening to the news, you are concerned about doing so and if it is really a wise choice.
While all investing carries risk, understanding how to manage your risk is key to whether you will succeed in any investment option, including in real estate.
Like all investments in real estate, you can make bad choices. Having the right information and experienced professionals on your side is critical to making a solid real estate investment decision. If you live or are considering
investing in the Middle Tennessee area, fortunately, you are in a better mindset than many investors who have chosen or choose to invest in other markets.
It is true that in many places around the country, real estate investors are bleeding green and losing money. There are many factors to such regional declines ranging from poor administration policies, over-regulation, inept or
misguided local governmental policies, lack of a diverse economic base, and fad purchasing decisions based on get-rich-quick ideologies.
Fortunately, Middle TN is and continues to overcome many of the 3rd party constraints and tends to be managed better from a governmental and economic standpoint. Real estate investing in Nashville, Davidson County, and the
surrounding towns and counties is still a wise choice when one makes intelligent and informed investment decisions.
If you have recently driven to downtown Nashville, Murfreesboro, Mt. Juliet, Nolensville, Smyrna, LaVergne, Lebanon, etc., no doubt you have been amazed at the staggering number of new buildings that are popping up. Much of the
growth in Middle TN is focused on multi-family and densely packed housing units in the form of condos, townhomes, tall and skinnys, and apartments. Another real estate area of growth has been in house flipping. If you are
interested in flipping as a real estate investment strategy, click here.
As of this article, real estate values in the Nashville area are up 12.5% year-over-year, and the average time on the market for a single-family home is less than a month. Learn more about the factors that continue to contribute
to our strong real estate market here.
While seeing the number of new developments going up can be astonishing, based on the influx of people to Middle TN (90-100 people per day) due to it being a no income tax state, solid governance, a broad and growing industrial
base, and seemingly endless economic and work opportunities. This results in demand for housing, which still lags behind supply.
Housing shortages have two effects: 1. Increased housing prices and 2. Increased rents.
As a real estate investor, whether looking into either a buy/sell strategy or a buy/rent strategy, the Nashville and Middle Tennessee market is and will continue to remain one of the most solid regional real estate investment
markets.
The first step in making a wise real estate investment choice, however, is to choose to work with someone qualified to find the best deals, has a deep understanding of the real estate, construction, and rental markets, can
assist in finding the best financing options, can negotiate well, and when ready can help fetch the best price when it is time to sell.
Many would-be real estate investors make their first wrong investment decision, thinking they can do it themselves or when choosing to work with an agent based on motivations irrelevant to the real estate itself (my buddy…).
Many think they are saving money by going it alone or think surely my agent is looking out for my best interest. Sadly this all too often is not the case.
At SpruceRoost, we focus on real estate investing and provide our clients with the tools and knowledge to help them achieve their goals. With four decades of experience in various aspects of real estate, construction, and rental
markets, we know where to find the best real estate deals, we understand and can provide resources on how to repair and remodel on a budget appropriately, and we understand how to effectively market the property in its final
state to yield our investors and sellers the greatest profit potential.
Choosing to work with SpruceRoost costs you nothing; making the wrong decision can mean destroying your financial dreams.
Contact SpruceRoost today to discuss your real estate investment goals, and let’s work together to add solid real estate options to your investment portfolio.
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