Thinking about buying an investment property? Make sure you read this blog post to discover 5 reasons to buy an investment property this spring in Memphis…

Are you thinking about buying an investment property in the near future? You can buy any time of year but you may want to think about buying this spring.

5 reasons to buy an investment property this spring in Memphis…

Reason #1 To Move Forward

Spring is a time of optimism. People feel the laziest and least motivated in January to March, whether they live in sunny Florida or the snow-covered northern states.

People drag themselves through February and into March after many New Year’s resolutions have been made and broken. Then, there is a change in the weather, with sunnier days and new growth happening. This brings more energy and a sense of renewed purpose. So use the next month or so to analyze different properties. Buy one or more, and start receiving the benefits of having an investment property.

Reason #2 To maintain your 90 Day Cycle

Research has shown that people who are most successful at accomplishing their goals have a plan of action for each 90-day cycle. As mentioned above, people shuffle through January and February but as spring arrives, there is a renewed determination. This determination is focused on moving towards financial freedom.

Maybe your goal is to buy several investment properties this year. By buying one in the spring, then you can plan and look around and buy your second or third property in the fall and reach your target.

Reason #3 To Reap The Financial Benefit

When people wait for October or November to buy an investment property they are not reaping the financial rewards throughout the year. Tax breaks and rental income will benefit you for most of the year rather than for just a few months at the end of the year.

Reason #4 To Get It Done Before Summer

Summer is busy and routines change. Our schedule gets interrupted and plans and goals get postponed. Eliminate the temptation to put off buying an investment property because the majority that don’t buy in the spring end up buying in the fall, which leads to the missed benefits of maintaining motivation and receiving income for a longer period of time.

Buy in the next few months and then enjoy your summer holidays. Taking action NOW leaves you with fewer regrets LATER.

Reason #5 To Become Financially Free Faster

Maybe you are just starting out in real estate investing or maybe this is the last rental property that you need to have your passive income become more than your expenses.

Either way, buying a cash flowing property this spring will help you become financially free. Financial freedom arrives when income that you don’t have to work for (passive income) is more than your monthly expenses.

We have a large selection of investment properties and we are constantly adding to it, so if you want to see what we have available, click here now and fill out the form our call our office at 901 – 808 – 8448.