Passive Income

WANT TO EARN MONEY DOING NOTHING?



If the answer is YES! Then Passive Income is for you!



Want to increase your income without increasing your workload? Let Tampa Bay Investments guide you on how easy it is to create supplemental income and provide property management services to protect your asset. Need help creating a retirement or building a legacy for your family?! Continue learning more below!



Real Estate is a great investment option. It can generate an ongoing income source. It can also rise in value overtime and prove a good investment in the cash value of the home or land that you buy. You may use it as a part of your overall strategy to begin building wealth.



Tampa Bay Investments has the solutions to help you:



  • Find Passive Income/Rental Properties

  • Screen tenants and sign legal, secure, enforceable leases

  • Provide you with affordable property management

  • Maintain your property/investment

  • Send you reports showing profit and loss for your investment

  • Follow up with you on the appreciation of your investment- Is it time to sell?



https://youtu.be/manet5MR85E


Tax Benefits Of Building A Rental Property Portfolio



There are many tax benefits that come with owning and building a rental property portfolio. Most rental home expenses are tax deductible and if you save your receipts or document your transactions, you can discount a number of charges.



In general, you can claim the deductions for the year in which you paid for these common – but not limited to – rental property expenses:



  • Advertising

  • Cleaning and maintenance

  • Commissions paid to rental agents

  • Home owner association (HOA fees)/condo dues

  • Insurance premiums

  • Legal fees

  • Mortgage interest

  • Taxes

  • Utilities


More information on Rental Property Tax Deductions – Click Link Below:



https://www.realtor.com/advice/finance/rental-property-tax-deductions/?cid=sem_google_dsaadvice_desktop&medium=tsa&ds_kid=39700009358125656&gclid=CjwKCAiA9f7QBRBpEiwApLGUipIwhpMGd4fQUWKrQYeXBbgAEgtiHxUKUsqrJRc0qryaiyUhsOmCgRoC7kgQAvD_BwE&gclsrc=aw.ds


Why Invest in Single Family Rentals?



Never has the time been so great for investing in single family homes. In 2016, it was estimated that well over 1.25 million homes would be formed in the U.S. The number has remained high for 2017. And with trends such as more people turning to renting properties rather than owning them, single family residences (SFRs) are gaining more traction.



Also, vacancy rates have hit historic lows in recent years. This is important for you as an investor, increasing the likelihood that your tenants will remain in the property and not move out. The low vacancies apply to all properties, and its effect is additive on SFRs. Why? Well, single family homes generally have high occupancies to begin with! So, as a result, even higher occupancies are expected for single family homes.



More demand plus high occupancies is an easy formula for high rental income. But these two factors aren’t the only reasons why it’s the best time to invest in SFRs.



Single family homes usually attract long term tenants who are low maintenance and also take great care of your property!



The key to finding a good single family home as a rental is having a great realtor who researches good areas, with phemonal school districts, which in turn then attracts qualified responsible tenants.


Tampa Bay Investments has Realtors that specialize in rental properties and are here to find YOUR next Passive Income opportunity!


WANT 6 REASONS SINGLE FAMILY HOMES ARE GREAT INVESTMENTS? Click link below:



https://www.mashvisor.com/blog/investing-in-single-family-homes/


What is Multi Family Housing?



One of the most popular ways to invest in real estate is to own a collection of rental properties. Properties that only have one residential rental unit are commonly referred to as single-family properties while apartment complexes that have multiple rental units are known as multi-family properties.



Multi–family residential. Multifamily residential (also known as multidwelling unit or MDU) is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. A common form is an apartment building.


5 BENEFITS To using a Property Management Company Click Link Below:



https://www.zillow.com/rental-manager/resources/5-benefits-property-managers/


Single Family Vs. Multifamily Rentals: Which Investment is Right for YOU? Click Link Below:



https://www.biggerpockets.com/renewsblog/single-family-vsmultifamily-rental-properties/


Strategies to build a 25+ rental portfolio Click Link Below:



https://www.verticalrent.com/strategies-for-building-rental-property-portfolio