No Need to Think Big: Small Property Investments
USA- Indianapolis, IN | Oct 22 2012 | (23:22:55 - EDT)
In the latest real estate news, investor, Joe Crump explains why buying small income properties often makes more sense for small investors with between $25,000 and $5,000,000 to invest than buying mutual funds. He shows why it is safer and describes the types of properties that can create between 12-18 percent cash return with no leverage or dangerous financing necessary. These properties can also be bought with Self Directed IRAs and other retirement account funds.
Here is the Amazon link to the new book: http://joecrump.com/track/go.php?c=press
According to Crump, owning property like this can be 100 percent passive. All you have to do is purchase the properties and allow professional licensed managers to do the work. A good manager can handle your properties for a lifetime.
Returns on properties like this often double or triple the return on securities, even in a slow real estate market. Since the real estate market crash in 2007, rents have held stable across the country and vacancy rates have not increased. This proves that income property, even if it declines in value, can weather a financial downturn. You are not at the mercy of fluctuating market values, just (more stable) fluctuations in rents.
The current market downturn has also created the 'perfect storm' for buying properties like this at 30-60 percent below market value. In addition to the cash return, there are other income sources from these investments, such as tax depreciation deductions and the potential for appreciation in property values and monthly income.
Crump's book also teaches the type of property to buy, where to buy, when to buy, how to hire competent management and why you should never manage properties yourself.
For More Information
You can read more about Joe Crump and his personal story on the author's page at the Amazon book link above. You can also subscribe to his free newsletter and blog at www.JoeCrumpBlog.com
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