Are you considering your next big wealth-building strategy? Looking for ways to strengthen your portfolio? Look no further: it’s time to go turnkey.

Between higher interest rates, stubbornly high property prices, and a competitive real estate market, you may wonder if investing in real estate is worth it anymore. And while the challenges facing the market (and investors) demand we pivot our strategies, none negate the benefits of investing in single-family rentals.

Single-family rental (SFR) investors often struggle to determine when it’s the right time to scale their portfolio and acquire more properties. After all, buying a property is a big commitment, whether it’s your first or your fiftieth.

When investing in real estate for the first time, there’s much to consider. Believe us, we know! 

It can be overwhelming. But it’s certainly not impossible.

If you’ve been keeping your finger on the pulse of the real estate market, you’ve noticed just how slow things are right now. The National Association of Realtors predicts that the housing market is on track for its slowest year since 2008. Reports say the average homebuyer must make $115,000 annually to afford the typical U.S. home. On average, American households are short of that benchmark by $40,000.

To older investors, buying an investment property before a personal home might seem like putting the cart before the horse. Understand, though, that the next generation of investors – younger millennials and Gen Z – faces wildly different financial circumstances than many of us did in our youth.

With the market favoring selling so thoroughly, you might consider selling one or more of your investment properties. After all, it seems like a prime opportunity! But before you prepare that listing, wait. There are compelling reasons to hold your properties for the long haul – even when conditions make selling an attractive prospect.

How do you know whether or not a property would make a good investment? In today’s real estate climate, opportunities come and go in a flash. Investors must be able to quickly evaluate whether or not any given property would make a good investment – not just in general, but for their specific, unique portfolio.

Because investing in real estate is a numbers game, getting those numbers to fall in your favor is everything. While maximizing profits and minimizing expenses is sound on paper, it doesn’t always work in practice.

We all want to enjoy retirement. In this day and age, achieving financial security in our golden years is more challenging than ever. Statistics paint a picture of retirement realities. American workers have saved a median $97,000 for retirement. Compare that to the standard goal for a “comfortable” retirement, $1.4 million.