Dependable Homebuyers has made a name for boosting the local economy by purchasing homes directly from sellers. Now Evan Roberts, co-owner of the “We Buy Homes” company is turning his attention toward educating investors about the alternative investment potential in real estate.
While the real estate market has mostly rebounded from the 2008 market crash, traditional investments face an uncertain future, particularly in the next several years. Mr. Roberts has seen many people look to his company as a potential alternative investment, especially in light of the significant dip in the S&P 500 stock market.
Asset-based investments, such as those in real estate, presents a reasonable substitute for the traditional investments relied upon for fixed-incomes.
Real estate, particularly rental properties, can be used to maintain a regular cash flow. Cash flow is the money left in one's pocket (or bank account) after all the monthly bills have been paid. Rental properties not only provide a constant cash flow; it is considered a passive income because there is little-to-no actual work required to earn the income.
Rather than investing in REITs, Dependable Homebuyers chooses a business model of buying real estate (homes) directly from the seller. This allows homeowners to skip the real estate agent middle-man and other additional costs to selling a home, such as appraisal fees and closing costs.
Mr. Roberts believes a two-party transaction, such as with a buyer and a seller, both parties stand to make the maximum profit without losing some to commissions and assorted fees.
“Real estate can be a low correlation asset to complement stocks and bonds in an investment portfolio,” Mr. Roberts explains. He further added that real estate in an individual’s portfolio can actually increase returns due to diversification.
A recent study into the future of real estate predicts a recession in 2020. However, Mr. Roberts believes the potential growth for long-term real estate investments make a recession the exact right time to purchase property, especially rental properties.
Dependable Homebuyers has been investing in long-term real estate since 2012 when it began buying homes from homeowners directly. The company operates by providing homeowners with a cash offer within 24-hours of contact regarding selling their home to the company.
Under no obligation to sell, the homeowner could have the cash within ten business days if they accept the offer. That means their home is sold within a week instead of idling on the traditional real estate market for up to two years.
Mr. Roberts encourages potential investors to consider real estate as an alternative investment when traditional investments are taking a nosedive. Dependable Homebuyers even offers homeowners the opportunity to stay on as a tenant after their homes are purchased.
In an effort to get homes purchased quickly, Dependable Homebuyers uses their own contractors to complete any renovations or repairs needed. Homes are purchased as-is directly from the home sellers. Interested homeowners can read a recent press release they published at https://drive.google.com/a/dependablehomebuyers.com/file/d/1IsbGBWbrh0LST_e9tZsYvvzT7v3aqLZl/preview.
Real estate investments are the foundation to one’s investment portfolio, in Mr. Roberts’s view. Contact Dependable Homebuyers Williamsburg today to find out more information about real estate as an alternative investment.
SOURCE: Press Advantage [Link]
Dependable Homebuyers is a local home buying company in Williamsburg, VA. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (757) 347-0457 and we’ll provide you a cash offer within 24 hours.
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