Passive Real Estate Investing
It’s true that there is no free lunch, but passive real estate investing might be as close as it gets.
Investing in real estate is known as a relatively safe transaction. Land is valuable, and rarely can it be damaged severely enough for that value to be seriously impacted. It’s the building on the land that’s the wild card with investment properties.
Contrary to popular belief, sweat equity is not always enough to rehab a building. Some buildings just can’t be safely repaired. This is often due to damage from fire or water (or both), or serious structural issues such as a cracked foundation. The bottom line is, if you don’t know what to look for in an investment property for sale, you could end up losing money in a real estate investment deal.
How Passive Real Estate Investing in Utah Works
That’s why the prospect of passive real estate investing is so attractive to Utahns looking to fund their kids’ college educations or retire early. With passive real estate investing, all you do is write a check and wait for your profits to be returned to you.
It might sound too good to be true, but here’s why it’s not: knowing how to turn that profit safely is a skill that must be developed over time.
Too many people think flipping houses is easy. You buy a dilapidated building, fix it up and sell it for twice what you paid for it. Simple, right? Not really.
If you don’t know anything about construction, you must have a partner who does. That person must be available to you, and you must be able to trust them. The size of the profit from an investment property often comes down to how much you pay the team that does the rehabilitation work. If you pay too little, the work may be shoddy. Too much, and you make less money.
Building a team of reliable professionals you trust takes years. And that’s just what we’ve achieved at our real estate investment company in Utah. We’ve done the hard part for you.
Making Money Investing in Real Estate
Passive real estate investing is like being a silent partner. You don’t need to make decisions, be onsite or take responsibility when things go wrong. You don’t have to hire anyone, pay anyone or deal with any of the headaches that come with real estate investing.
What do you do? You provide the funding to purchase investment properties. We have a team that is constantly on the lookout for the best real estate investment properties. Once we buy them, we see to the renovations and the home’s eventual sale. That’s where your profits come from.
As a passive real estate investor, you must find the right company to work with. Fox Financial has been in the business since 1984, and in this time we have built a reputation as a reliable company with top-level skills and expertise.
Are you interested in learning more about joining our pool of real estate investors in Utah? Fill out our form and we’ll send you information about how to make money investing in real estate with Fox Financial.