Have you ever wondered if you should invest in real estate rental property but aren’t sure where to begin? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, host Tom Kennedy chats with Dave Seymour from Flipping Boston about investing in rental property. Topics discussed cover the current real estate landscape under COVID-19, the job market and working from home. They also share some tidbits about the basics of investing, strategies used, and pros and cons of investing in real estate. For additional information on real estate investing please check out our article: Commercial Real Estate Investments
Guest Bio: Dave Seymour
Dave Seymour advises and mentors people on emerging and growth commercial real estate and has been a regular guest on CNBC and the Today Show, just to name a few. In fact, you may be familiar with his work as the star of A&E Television’s Flipping Boston for the past eight years. As if that isn’t enough, he is the CEO of both Freedom Venture Investments and Garmour Realty Group. Starting off as a fire fighter in Lynn, Massachusetts, his venture into the world of fix and flip caught the eye of A&E Television. Since then he has been visiting people’s television sets since 2010.
Real Estate Rental Property: Find it Fast
Current market– 9:38
Demand and REITS– 14:40
Business plan– 16:25
Ways to invest– 19:00
Types of investors– 21:54
Risk and ROI– 25:37
Tax advantages– 32:04
If you’re sitting on large gains in investment or business property, a 1031 exchange may be a viable option.