When you invest in St. Simons real estate, you’re probably doing so because you plan to move there or because you want to rent out the property. Either way, keep in mind that real estate is one of the most solid investments out there. Many people prefer to invest in real estate merely because it’s tangible, unlike stocks and bonds. You can actually see and touch a house whereas you can see or touch stocks and bonds.
Advantages of Investing in St Simons Real Estate
The prices of real estate fluctuate a lot less than the prices on the stock market. And this attracts more investors. It’s not that the prices of real estate never fluctuate but they do so slowly. And, in general, the trend is for them to keep on going up. So if you buy a house or an apartment and hold on to it for, say, five or ten years, you’re most likely going to turn a profit at the point when you decide to sell it.
In addition, real estate also brings you rental income on a monthly basis, if you choose not to live there. So it can be a lucrative investment overall.
Working with a Property Management Company
When it comes to renting out your real estate, you may think that it’s going to be a lot of bother. But if you don’t have the time to do all the work yourself, you can just hire a property management company and let them do all the work. They’ll show the property to tenants, negotiate the terms of the lease, run a background check and even collect the rent from them on a monthly basis.
You can be as involved as you want in the process. Or you can choose to leave it entirely up to them and just sign on the lease as and when needed.