Readers who prioritize second homes and investment properties turn to Inman’s weekly Property Portfolio email newsletter, whether they’re agents who work with this special class of clients or investors themselves. This month, we’ll go deeper on everything from the latest at Airbnb and Vrbo to the changes investors are making to their portfolios in a shifting real estate market.
We all know that too many agents live commission to commission, not thinking ahead to long-term financial health, while others leverage their knowledge and expertise to dominate their market as investors. What’s the difference between these two groups? Not base knowledge. Not opportunity. What, then, determines who will invest and who won’t?
As Second Homes and Investment Properties Month rolls merrily along, we wondered: If you don’t invest in real estate, why not? Do you need more information and education about investing? Does it seem intimidating or risky? Are you unsure of the logistics or do you just never seem to get around to getting up to speed on REI? Here are your responses:
- Money
- Time
- Management, cost of building upkeep, lack of handyman or maintenence companies available
- Interest rates
- Recession
- Financial. At a stage in life where we’re paying off consumer debt, saving for kid’s college and retirement, getting kids through life.
- Not sure how to best get started
- Risks
- My husband is risk-averse.
- Concern about down payment and running out of money
- Capital
- None. I own six investment properties.
Now it’s your turn. Add your thoughts in the comments.
