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As a smaller real estate investor, the idea of investing in property can be daunting, especially when it comes to financing. But did you know that your personal savings could be the key to unlocking your real estate investing dreams? In this blog post, we’ll explore how to use your personal savings to invest in real estate and why it’s a smart move.

Why Use Personal Savings?

Before we dive in, let’s talk about why using personal savings to invest in real estate is a smart move. For one, it allows you to keep your debt-to-equity ratio low, which means you’ll have more control over your investments. Additionally, it helps you build equity faster and potentially increases your cash flow, which is always a plus.

Making Your Savings Work for You

If you’re ready to take the leap and invest your personal savings in real estate, the first step is to identify the amount you’re comfortable investing. Remember, it’s important not to overextend yourself and to ensure that you have enough savings left for emergencies and unexpected expenses.

Once you have a budget in mind, it’s time to explore your financing options. Consider working with an experienced active real estate investor to team up with.  They will help you find the right deal and great financing.

Protecting Your Investment

Finally, it’s important to protect your investment. This means not only having adequate insurance coverage but also ensuring that your investment is structured in a way that protects your personal assets. Consider setting up a limited liability company (LLC) or another legal entity to protect your personal assets from potential legal or financial issues that may arise.

Ready to Invest?

Using your personal savings to invest in real estate can be a smart move for smaller investors looking to build equity and generate cash flow. Whether you’re ready to invest in a full-fledged property or explore alternative strategies like doing a Joint Venture, there are plenty of opportunities to make your savings work for you.

If you’re interested in learning more about real estate investing, we’d love to chat with you. We are everyday active real estate investors and we can provide guidance and support as you navigate the world of real estate investing. Book a call with us today to learn more!

 

 

 

About Ian Webb

 IanWebbInvestments.com is actively investing in Edmonton area real estate for a number of years.
His mission is to provide an above-average return on investment (R.O.I) for his investor partners and himself.
It is truly a win-win way of investing!

Ian offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Ian.

For more information about Ian and his investment program,
please call (250) 470-1354, or visit  https://ianwebbinvestments.com