Have you been thinking about investing in real estate but don't know if it's a smart decision? Well think about this: the average bank interest rate for interest checking accounts in the United States is 0.03%. Meanwhile, the average savings account rate is currently 0.04%, and the average money market account interest rate is 0.06%. It’s not always clear how banks get paid. There are several ways for banks to earn revenue, including investing your money and charging fees to customers. When banks lend your money to other customers, the bank essentially “invests” those funds. Why let banks invest your money for .003% - .006% when you can invest it yourself for 8-10%?
Building protection into your life can ultimately result in better production and quality of life. While window shopping for real estate is nice to do on a Sunday afternoon, actually investing in it requires a reasonable amount of due diligence that will not only encompass locating a property below market value, but also commencing efforts to analyze and assess its financial sensibility. Many people decide they want to invest in real estate but aren’t sure where to begin. That is why working with Olympic Homes, a development company with a tried-and-true track record, can help you on your real estate investing journey.
Marketing, analyzing and assessing real estate for passive, active, and investment cash flow has been our game. The job and career goals in this industry do not just have to be about making money — they may include creating a legacy or creating jobs and wealth for others. Real estate can add to your purpose and expansion in life. There are five ways to make the most of investing in real estate, contact us today to discuss!