At Walton & Tower Real Estate, we talk to property owners every day. Many of them found themselves unexpectedly thrust into the property management business. Life changes such as a marriage, a new job or even a family death can lead to the need to find a renter for a home. Other times, a decrease in a home’s value caused by changes in the real estate market make renting a property a wise decision.
In many cases, it is important for owners to find qualified, credit-worthy tenants in order to cover the costs of owning a home. Through our thorough screening process, we are able to find tenants, secure leases and oversee maintenance issues–relieving the owner of some of the “headaches” associated with managing rental property.
For others, owning investment properties provides an additional revenue stream and offers cash flow flexibility. And while investors often know the benefits of working with a professional property management group like Walton & Tower Real Estate, they may still have questions about the best way to pay for these properties and expand their portfolios.
Whatever the reason, if you are considering “getting into the game” of real estate, one of the first questions you may want to consider is whether or not to pay cash or finance properties. While there are many different perspectives on this topic, a recent article entitled “Should You Pay Cash or Get a Loan on a Rental Property?” takes an in-depth look at each approach. The author offers several books on real estate investing as well.
We hope that you will read more about our services and allow Walton & Tower to assist you with identifying hot areas for rental properties as well as securing qualified tenants should you decide that investment property is right for you!