Thinking about snatching up some hot investment properties? Take a look at this blog post to learn about 5 reasons why now is the best time to buy investment property in IL…
Are you thinking about buying an investment property in the near future? You can buy any time of the year but you may want to think about buying this spring.
Investment property in IL 5 reasons why 2017 is the best time to buy…
Reason #1 Keep Moving Ahead
Spring is a time of optimism and excitement. Whether you live off the sunny shorelines of Florida or in the snow-covered northern states, January to March is a time when people feel the laziest and least motivated.
Many New Year’s resolutions have been made and broken and people drag themselves through February and into March. Then, there is a change in the weather with sunnier days and new growth happening around us which brings more energy and a sense of renewed purpose. So use the next month or so to analyze different properties, buy one or more, and start receiving the benefits of having an investment property with positive cash flow in your portfolio.
Reason #2 Stick To The Plan For An Entire 90 Day Cycle
Studies have shown that people who are most successful at following through and reaching their goals have a plan of action for each 90-day cycle. Like I mentioned earlier, people tend to skip through January and February but as springtime arrives, there is a renewed sense of determination to refocus and move closer to your financial freedom.
Maybe your ultimate goal is to buy several investment properties this year. By picking up one in the spring, you can plan and look around and buy your second or third property in the fall and reach your target.
Reason #3 Get Paid & Reap The Rewards
When people wait around for October or November to arrive before they buy an investment property, they are missing out on reaping the financial rewards throughout the entire year. Tax breaks and rental income will benefit you for most of the year rather than for just a few months at the end of the year.
Reason #4 Just Do It Before The Summer Arrives
Summer is busy and routines change. Our schedule gets interrupted and plans and goals get postponed. Eliminate the temptation to put off buying an investment property because the majority that doesn’t buy in the spring end up buying in the fall, which leads to the missed benefits of maintaining motivation and receiving income for a longer period of time.
Buy in the next few months and then enjoy your summer holidays. Taking action NOW and buying that great investment property leaves you with fewer regrets LATER.
Reason #5 Make More Money In Less Time
Maybe you are just starting out in real estate investing or maybe this is the last rental property that you need to have your passive income become more than your expenses.
Either way, buying a cash flowing property this spring will help you become financially free. Financial freedom arrives when income that you don’t have to work for (passive income) is more than your monthly expenses.
Summary
There are many reasons to invest this year but these are 5 reasons in 2017 to buy an investment property in IL.
We have a large selection of investment properties and we are constantly adding to it, so if you want to see what we have available, click here now and fill out the form our call our office at (800) 953-2124.