Private Money Lenders Offer Bridge to Rental Real Estate Investments
Whether you’re looking ahead to the “golden years” or already retired, rental properties can provide a steady source of income to support your retirement with some forethought and fortitude.
With pensions now scarce, one out of three Americans lacking sufficient retirement savings, and many people working long past retirement age, finding alternative income sources for the retirement years is increasingly smart.
Investing in rental real estate can be a powerful asset in retirement, with monthly passive income providing a steady cash flow. Owning rental property is not without risk and comes with the demands of being a landlord. However, rentals also offer tax advantages and the potential for long-term growth income growth. Including rental properties in your investment portfolio can ensure additional financial security throughout your retirement years.
Pros & Cons of Rental Property Investment
There are pros and cons to owning rental properties. Expenses and maintenance, difficult tenants, vacancies, and the stress of holding a non-liquid asset during market downturns can be challenging.
But with proper research, a smart purchase, realistic expectations, and a willingness to put in work, you can anticipate a meaningful long-term return on your investment. And the sooner you invest, the greater those benefits can compound during retirement.
Finance Your Oregon Rental Acquisition with a Private Money Loan
Purchasing and maintaining rental properties requires a thoughtful financial strategy. Many real estate investors turn to hard money loans to finance their rental investments. Private money lender Gregory M. Russell offers equity-based loans that provide financing when you need it. If a conventional lender says no or can’t move quick enough, our easy-qualifying hard money loan terms can be customized to your needs. Contact us to learn about how a private money loan can help you invest in your future. Enjoy a more secure retirement by making rental real estate part of your portfolio.