VANCOUVER, Wash., May 14, 2019 /PRNewswire/ -- Adair Homes, Inc., a leading on-your-lot builder that specializes in affordable custom homes in the Northwest and Arizona, has released a new e-book titled, Building and Renting Out Your First Investment Property. Aimed at first-time property investors, the e-book teaches how to build a profitable investment home by taking advantage of Adair's smart equity program.
Adair provides both opportunity and incentive to investors who either already own land or are looking to buy land and build investment properties for rent or sale. The custom homebuilder offers popular floor plans, affordable options, and a unique homeowner participation program that allows the homebuyer to become part of the building process in order to cut costs and gain equity by the time the home has been built. This provides investors with an advantageous starting point that they can quickly capitalize on to sell the home at a profit or rent it out for income.
"You don't have to already be wealthy to build and rent out your first rental property—that's a common misconception," says Adair's Regional Construction Manager Jeremiah Hemphill. "Custom building a home to use as a rental property is a smart way to generate additional income."
There are many ways for investors to save for retirement or support their financial goals. Many of the methods, however, are either risky and unpredictable—such as the stock market—or simply don't yield income quickly enough. Real estate is historically a more stable investment, especially when an investor is committed for the long term. Of all the ways to invest in real estate, rental properties typically present the least risk and the most predictable returns over time.
Some of the ways an investor can increase monthly income and overall net worth by investing in a rental property include: generating immediate monthly income; increasing equity by using other people's money; and taking advantage of tax incentives by offsetting income generated with depreciation and deductions.
Many first-time investors look for an existing home to purchase and rent out, but new construction is often a better way to earn more money. Building a new home offers control over the budget, allowing the homebuyer to determine what amount of rent the market will bear and how much the mortgage needs to be to meet investment goals. Brand new homes can often be rented for more than older homes, and maintenance expenses are lower.
"Because of our unique process, building with Adair Homes generates immediate equity," adds Hemphill. "Many people who build a custom home with Adair will earn as much as 20 percent equity by the time the home is completed, providing investors with an immediate source of profit."
Additional information about how investors can earn income and turn a profit by building a custom home to sell or rent can be found in Adair's new e-book, which is now available and can be downloaded here.
About Adair Homes, Inc.
Adair Homes is a premier homebuilder in Arizona and the Northwest. The company was founded in 1969 in Oregon and takes pride in offering better homes for less. Adair continues to invest in its business by providing new home plans for customers. For more information, visit adairhomes.com.
SOURCE Adair Homes, Inc.