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to passive investors. There are multiple options for investing in real estate without the weekly headaches of self-managed rental properties. Check out our video series on: Passive Real Estate Investing. The Burdens of Operating Your Property are Affecting Your Life
Sometimes, enough is enough. Younger landlords simply have more energy to cope with the trials and tribulations of property ownership than the older versions of themselves. And sometimes, the wrong property manager simply exacerbates the problem. Whether your hot button is problem tenants, overwhelming bills/accounting, unending property maintenance or looming capital expenditures, you may be ready to “tap out.” You are in good company. Each year, thousands of people make the transition from active operators
EACH YEAR, THOUSANDS OF PEOPLE MAKE THE TRANSITION FROM ACTIVE OPERATORS TO PASSIVE INVESTORS.
RICHARD D. GANN, JD Managing Partner 1031 Capital Solutions (800) 445-5908 1031CapitalSolutions.com
Richard (Rick) Gann is an attorney, licensed real-estate broker, and general securities principal specializing in 1031 exchange solutions and he is co-author of the book How to Retire from Being a Landlord.
Footnotes: 1 - https://www.mcgeorge.edu/documents/ Publications/_06_Steiner_ MasterMLR39.pdf, p. 177
Disclaimer : Because investor situations and objectives vary, this information is not intended to indicate that an investment is appropriate for or is being recommended to any individual investor. This is for informational purposes only, does not constitute as investment advice, and is not legal or tax advice. Because investors’ situations and objectives vary, this information is not intended to indicate suitability for any particular investor. Please consult the appropriate professional regarding your individual circumstance. There are material risks associated with investing in real estate including illiquidity, general market conditions, interest rate risks, financing risks, potentially adverse tax consequences, general economic risks, development risks, and potential loss of the entire investment principal. The views of this material are those solely of the author and do not necessarily represent the views of their affiliates. Statements concerning financial market trends are based on current market conditions, which will fluctuate. Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated. Past performance is not a guarantee of future results. Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Advisory services offered through Concorde Asset Management, LLC (CAM), an SEC registered investment adviser. 1031 Capital Solutions is independent of CIS and CAM.
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