See Our Available Properties Below
1940 Churchill Dr, South Bend, IN 46617-2213
SHORT TERM STAY - This fully furnished open concept 3 bedroom / 2 bathroom home, sleeps 8. This home is set up for short term or "extended stays" 2 bedrooms on the main level, fully furnished kitchen, with range, oven, microwave, refrigerator, dishwasher, washer, and dryer. There is also an office/study on the first floor.
IT has an open concept kitchen, and living room, with a deck, grill, and large back yard. Master suite is on the 2nd level with full bath and double sinks. 2 of the garage stalls are available for the tenant. Lawn Care is provided. Short term rentals of 1 to 6 months on this property. This is a NO PET & NO SMOKING PROPERTY. This property has reservations, so check for your dates for availability.
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1126 W Western Ave, South Bend, IN 46601-2752
Store front building located on W. Western, just west of downtown/Kroc Center. Office/Retail space. 1/2 bath. Full basement for storage area. New HVAC system installed.
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Ah, the age-old debate among real estate enthusiasts: to flip or to hold? It’s like choosing between binge-watching your favorite show or savoring each episode. Both have their perks and pitfalls. So, grab your popcorn (or your toolbelt), and let’s dive into the wild world of real estate investing!
Why are folks flocking to real estate? Simple! It’s like that one friend who always shows up on time. Unlike the stock market, which can be as unpredictable as a cat on catnip, real estate tends to offer more stable returns. Plus, property values usually rise with inflation, unlike your gym membership fees.
Not to mention, the equity you build can help finance other adventures without needing to rob a bank. And let’s not forget the tax perks of mortgage interest! Real estate can be a sweet gig, offering steady cash flow and a cozy place to crash if all else fails.
Imagine passive income as floating down a lazy river. You buy a property, hire someone to manage it, and just collect rent while sipping on a mojito. Active income, on the other hand, is like a high-intensity workout – think CrossFit for your wallet. You’re flipping houses, managing contractors, and probably ripping out carpet at 3 AM. It’s a hustle, but it can pay off big time.
Flipping is no passive income stream. It’s an all-out sprint to buy, renovate, and sell – rinse and repeat. So, if your idea of a good time is managing chaos, flipping might just be your jam.
Distressed Digs: These are the bargain properties from folks who need out fast. It’s like finding treasure in a garage sale.
Fixer-Uppers: These beauties need some love – a new roof, some fresh paint, maybe a sledgehammer session or two.
Distressed properties are all about scoring a deal. Fixer-uppers, however, require elbow grease and creativity to turn a frog into a prince. Either way, be prepared for some serious sweat equity.
Pros:
Quick Cash: Six months (or less) to flip and earn.
Less Risky: Shorter time frame means less exposure to market whims.
Cons:
Expensive: High transaction costs and potential cash flow issues.
Tax Troubles: Short-term gains can mean a hefty tax bill.
Pros:
Steady Income: Rent keeps rolling in, month after month.
Value Growth: Properties usually appreciate, making you richer over time.
Tax Benefits: Lower tax rates and deductible expenses – cha-ching!
Cons:
Vacancy Woes: Sometimes, tenants don’t show up, and you’re stuck paying the mortgage.
Management Madness: Dealing with tenants and maintenance can be a full-time job.
Ask yourself: Do you have the patience for long-term gains or the hustle for quick flips? Are you ready to become a landlord or do you prefer a short-term, hands-on project?
Flipping is like a high-energy dance-off, perfect when market conditions are just right. Buying and holding, however, is more like planting a tree and watching it grow, ideal for building long-term wealth.
Whether you’re in it for the long haul or the quick flip, real estate can be your ticket to financial freedom. Flip during market highs, hold for steady income and wealth growth, or mix both for a balanced portfolio. Whatever you choose, remember: the best strategy is one that aligns with your goals and lifestyle. Ready to dive in? Contact us and let's make those real estate dreams come true!
FAQ
How do you handle maintenance beyond the property management’s abilities?
We have several 3rd party vendors that we use, when a licensed contractor is needed or required who also backs up their work with a warranty.
What is your application process?
We have set parameters that we require from all our prospects. - Each prospect applies, and a 3rd party vendor receives that information and is able to make a decision based on those parameters.
What do I have to do to onboard my properties into your system?
We will do all the “footwork” to onboard those properties into our system with very minimal effort on the part of the investor.
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