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Are Real Estate Investments Good for Your Retirement Portfolio?

real estate investmentsHouses are going for such good prices these days, and interest rates are so low. Maybe it’s time to invest in residential real estate to provide extra money during your retirement years

Before you invest, it’s important to determine a reasonable estimate of the property’s income potential. For property that is already being leased, it’s easy enough to request documents that will show how much the property earns, how much it costs to maintain, and whether or not it has a history of being occupied consistently.

For new homes, you may have to dig a little deeper to determine supply and demand of rental housing in the area, as well as the going lease rate for homes of similar size, location and amenities. A licensed real estate agent who (Continued…)

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