Financial Planning for Real Estate

Sometimes I feel like I have the mindset of a 75-year-old… and that’s not just because I love eating at Sperry’s. I am constantly thinking about Real Estate Investing and trying to come up with different ways to someday retire. The reality for so many Americans is that retirement is this far-away dream that you think will just automatically happen one day, but many people don’t actually know how it will work when they get there.

The truth is that most of us are not prepared for retirement. We have retirement funds, and we do whatever our company offers for retirement planning. But, we don’t quite understand how that fund is going to get us to a place where we actually can retire. There are rules tied to most of these, such as: you can’t access your money without penalty, you’ll pay huge amounts in taxes to use them, or you must be a certain age to access the funds, etc.

If you buy long-term Investment Properties, you can have tangible assets, which can pay you money monthly. Tenants can pay for your mortgage, while you benefit from the property’s equity as it increases over the life of the loan, then you will have a property that’s fully paid off, and rental income forever for your retirement. It can actually be that simple.

Want to learn more, and get started on pursuing an Investment Property this year to work towards your financial goals? We’re here to help! Contact your Nashville on the Move Agent today!