Ian Renner of Florida - Finding Opportunity

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Ian Renner of Florida - Finding Opportunity Small apartment buildings are defined as those with five to fifty units in them, says Ian Renner of Florida. And you are bound to commercial lending standards instead of residential standards. "But they can produce excellent returns with a minimum of hassle.". Ian owns a number of large commercial offices buildings, which is operated by his management team. "They are in the upper-end of the investment spectrum," he says, adding that they can cost tens of millions of dollars to purchase. These are highly profitable, he says, with the office space rented out to business professionals. "And they are easy to finance, too." Another good investment is a multifamily property, such as a duplex, triplex, or quad. Plus they're usually too small for a real estate trust to bother with, and too big for a novice investor. He says the better ones are usually found in upper middle class neighborhoods, and include swimming pools, workout facilities, a full time staff, and advertising budgets. "These used to be one of my favorites, before I began concentrating on commercial buildings," Ian says. Today Ian has built his initial investments into a string of highly profitable properties in Orlando, Florida, where he lives, and in two other Florida cities. Ian Renner Florida says that there are many different ways to make money on real estate investments, although most of them boil down to property appreciation, cash flow from rental income, and profits that are generated from business activity that depends upon the real estate. Ian Renner of Florida says that one of the tried and true investment opportunities is an investment in a single family home. I still have a couple, and they've both got an on-site manager who takes care of the place in exchange for living rent-free." For serious investors there are large apartment complexes, of which Ian owns several. "They have always been easy to rent and easy to sell," he says. Ian is a real estate investor with more than fifteen years of experience. He began his professional career as a civil engineer, but after a successful investment in an apartment building in 1999, decided to make a career switch. Ian offers the advice that, "Apartments are as easy to buy and finance as a single family home, with the same cash flow benefits. And best of all, they can be both a great investment and your personal residence. "They aren't as easy to finance as a duplex or a single family home. But they're excellent for the cash flow they generate.


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