Actually there’s nothing magical about leverage but it is amazing that we, as real estate professionals, have access to such an excellent investment tool. AIPIS considers real estate the only sane asset arena in which to employ leverage. Yes, the stock and currency markets allow the use of “leverage” in the form of what they call margin but if you had any idea how many trading accounts were blown up every day because of this damnable feature, you’d run screaming from the building.
Realtors Need To Know Rental Tax Deductions
One of the greatest benefits to completing the requirements for an AIPIS real estate designation is the knowledge gained regarding all aspects of income property investing. Many realtors (maybe you) aren’t aware of the plethora of tax deductions available to the landlord. Generally, any expense associated with maintaining, marketing, or repairing your rental property is a legitimate deduction. Let’s look at some of the possibilities. Remember, realtors, that all this information is good to keep stored away when you’re educating possible clients about reasons real estate is far superior to the stock market as an investment strategy.
AIPIS Online Realtor Classes Teach To Resist “Conservative” Investments
If you’ve been paying attention here for a while, you realize that we’re talking tongue in cheek when we say to resist the conservative investment. The problem is that what conventional wisdom defines as conservative is very far from it. Our online realtor classes focus on the actual conservative investment, real estate, which is, strangely, also the most profitable from a historical standpoint. The “experts” like to claim stocks, bonds, money markets, cash, and gold to be the conservative approach, with real estate nothing but a dizzying ride to a crash landing.
Realtor Agents Terms Of Engagement
Successful realtor agents have moved beyond the sometimes simplistic thinking of the financial self-help crowd and realize that the blanket statement, “Debt is bad.” is a silly thing to say. Some types of debt are definitely bad. Destructive debt accumulated by out-of-control consumerism is an example. On the other hand, constructive debt, the kind incurred whilst using other people’s money to grow your own wealth, is a whole different ballgame.
Why Real Estate Appreciates
We all want our real estate investments to appreciate, right? We’re not in this for our health. Maybe you’re a property professionals who was able to see through the sinking ship of the stock market, who grew tired of the roller coaster to nowhere Wall Street dragged you on over the years and suddenly realized, once inflation was factored in, your portfolio was the victim of anemic growth.
Ignore The Shift In Real Estate Designations At Your Own Peril
While today’s real estate world might resemble yesterday’s on the surface, there are monumental uprisings lurking beneath, threatening to tip the balance of power from traditional buy a home and hold it forever to the income property model. As an agent, ignoring this reality could hit your pocketbook hard. The old real estate designations are no longer completely adequate to prepare you to reach the level of success you’ve dreamed about.
Did Your Mortgage Broker Education Include This?
A 2004 study by Wholesale Access Mortgage Research & Consulting revealed there 53,000 mortgage brokerage companies in the United States and that these companies originate a full 68% of all residential loans in this country. Every state differs in the level of license and certification required of its mortgage professionals but the task of turning your mortgage broker education into something that equates to commissions in the pocket is a tricky prospect.
Why We Call Income Property An I.D.E.A.L Investment
Who doesn’t like a snappy acronym? We sure do and today we’ve got one to help you remember why real estate investing, especially income property, is such a great deal.
Local Realtors Should be Talking to Customers About the Stock Market
Now why the heck would local realtors be advised to talk to customers about the stock market? Well, obviously we at AIPIS are not suggesting you trumpet stocks from the hilltops as a sterling investment opportunity but the reality is that many people have a chunk of investment change sunk into Wall Street assets. One thing you should mention to potential real estate investors is the reality of tax code changes coming this year, which are set to see the top capital gains rate rise from 15% to 20%.
AIPIS 23 – Carla Cross with A Proven Plan for Financial Success in Real Estate
Jason talks with Carla Cross from Seattle. Carla is a real estate coach and author of: Up and Running in 30 days: A Proven Plan for Financial Success in Real Estate, On Track to Success in 30 days: Energize Your Real Estate Career To Become A Top Producer and Real...