June 20, 2011

Investments in Walworth County Wisconsin - Real Estate annuities - make them work for you!

Posted to Geneva Lake Area

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Have you ever thought about diversifying your retirement with a real estate annuity? It is as easy as taking advantage of some of the lowest interest rates and prices we have seen in the Lake Geneva – Walworth County area with a property purchase.

What do I mean when I say “real estate annuity?” I am referring to you owning and making a property pay you. If you rent a home you own outright, you can have that rent paid to you (like an annuity). I have done dozens of long term rentals in our area, so I will be able to give you realistic rental rates for various areas of demand (Elkhorn, Fontana, Lake Geneva, and Williams Bay).

You can also purchase with a larger down payment and mortgage. The rent would need to cover the mortgage, taxes, insurance, and a little buffer every month to make it a long term investment. Just think – someone else is helping you to get that property paid off, you have multiple tax advantages, and you can enjoy a free and clear property down the road.

I am the person to talk to about real estate options that are available, but your tax professional is the one to consult about how a “real estate annuity” might work for your financial plan.

As always – please call, text, or email to chat about the Walworth County real estate market. I am happy to put my 18 years of experience to work for you.

Posted by:  Stacey Schultz

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