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Tax laws change every year — and this year is no different! This downloadable guide will walk you through the latest tax law changes to help you avoid any surprises. In this 12-page guide, you will find out:How Can Real Estate Fit Into Your Investment Portfolio? (& How to Get Started) – Episode 25
It’s time for another solo episode with Kendall! In this episode, he is talking about some of his favorite things—diversifying your investment portfolio and the role real estate can play.
There’s a lot of talk about whether or not you should view real estate as a good investment. Some people say it’s a ton of work while others say it’s a passive investment. While this isn’t something that 210 Financial focuses on extensively, Kendall has invested in real estate and is sharing his thoughts on what you should consider.
Thank you for watching and listening!
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Key Takeaways:
1) Real estate is a very hands-on investment. This isn’t the type of investment where you purchase a property and then walk away. There are many tasks you have to stay on top of such as repairs, management of tenants, taxes, and basic maintenance in order to make it a worthwhile investment over time.
2) Know how to use, and not use, the leverage from real estate. When you own a property, you have access to additional cash by borrowing against the property. However, you have to be cautious and understand the risks involved. It is very easy to dig yourself into a hole that doesn’t account for risk, such as losing a tenant. You always want to consider how much risk you are taking on when borrowing against an asset.
3) Do your research. Real estate can be a smart investment if you know what you are getting into and what you want out of it. That’s why it’s so important to do your research before you decide to invest in real estate. Ask yourself, How am I hoping this will benefit my overall financial plan?
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Insurance products are offered through the insurance business 210 Financial. 210 Financial is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Advisor. AEWM does not offer insurance products. The insurance products offered by 210 Financial are not subject to Investment Advisor requirements.
Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier.
This is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.
210 Financial is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by 210 Financial. 1753993-4/23
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