Prince Georges County, Maryland. February 8, 2018 — Not long ago, people in their twenties and thirties might have believed they were “too young” to own businesses and real estate. That conventional wisdom is being brushed aside as more people under 30 are starting online based businesses and becoming first time homebuyers.
As a leading provider and information resource for entrepreneurship and Professional Tenant Placement and Property Management Services, Tony Williams and his team at The Lease Collection is pleased to see this demographic shift.
“I think people should consider investing in rental properties and starting a business as apart of their retirement income strategy, considering history has demonstrated its ability to completely wipe out or tremendously decrease the value of your 401K plan which is contingent upon the stock market performance. Why not take your future into your own hands? There has never been a better time to be a business owner and strategically invest in real estate then now,” said Tony, Senior Management Partner of The Lease Collection.
The homeownership rate in 2016 was the lowest in 50 years, as renting has been increasingly the more frequent choice compared to purchasing. In 2017, the value of the entire U.S. housing stock increased by 6.5 percent — or $2 trillion, according to a report from Zillow. Only 37% of all homes sold in the U.S. last year were purchased for investment purposes. African Americans only made up less the 10% of home ownership purchases. The primary motivations for many first time homebuyers were to gain a sense of independence, not invest for their future retirement planning.
“The market crash of 2008 should have served as a wakeup call to everyone who may have been complacent with his or her career. Before the crash, many people assumed their 401k plans were the best retirement plan strategy. In case the lesson’s been forgotten, you can emphatically lose money a lot of money in a 401k,” said Tony while talking about the company.
“While companies are now doing well, people are starting six-figure online amazon businesses, unemployment rate has tremendously decreased, real estate value is continuing to rise, and U.S. taxpayers are just days away from receiving one of the biggest tax return checks in 30 years, younger investors should now be thinking more critically about their retirement income strategy,” he added.
Indeed, young people today are remarkably tuned in to their finances. Even workers in their twenties and thirties are more aware of the risk of their retirement funds. They also know that Social Security is not a strong enough basket to hold all of their eggs.
Tony says, “Deliberate planning is always superior to a hands-off retirement approach, while business and real estate ownership has historically demonstrated its ability as a vehicle to build wealth in America. The best part is, it’s never too soon or too late to start a business or build your real estate investment portfolio. Building your real estate equity and business cash flow will always produce a greater return on your investment or provide better payouts at an anticipated retirement age the earlier you start. Its also something you can pass down to your next generation to help them get a better start in life.”
LeaseCollection.com is continuing to build a reputation as a trusted destination for investors and homeowners in providing the most affordable and professional property management and tenant placement services for residential and multi-unit properties in the Washington D.C, Maryland and Virginia area.
The company provides free consultations, and a free home rental estimate, so clients can know how much they can rent their property for in today’s market. With top-notch software and equipment, the company uses their In-House Marketing Software to display your rental property on over 230 rental listing websites and they also have Affordable, Licensed Contractors for any repairs needed and more. This means, your property spends less time on the market and more cash in your pocket.
“We simply take care of everything for you such as listing your property with high quality images, finding quality tenants, conducting full tenant screenings, collecting rental payments, scheduling 24/7 maintenance requests, drafting the legal document and much more. In short, our company professional management team and agents will represent and serve you while keeping you updated along the way,” said Tony when speaking about the company.
About Tony Williams
Tony Williams is a lifestyle philosopher, influencer, personal development and business educator. He is also a senior managing partner for The Lease Collection, which provides Professional Property Management and Tenant Placement Services for multi-unit and residential properties in Washington DC, Maryland and Virginia. His passion for personal development inspired him to create the Instagram, @Life.Algorithms, which has amassed over 30K followers. Along with his Blog, these platforms are his way of inspiring, motivating, educating and connecting with thoughtful, creative, like-minded and ambitious people just like you.
In addition, Tony is also an active Alumni and Certified Teacher with the Network For Teaching Entrepreneurship (NFTE). He attended Southeastern University for Business Management and Marketing and holds a real estate license, along with a property management license while serving clients in Washington D.C. Maryland, and Virginia.
Learn more at https://www.LeaseCollection.com or call (301) 893-7205.
#follow #lifealgorithm #love #success #working #grind #founder #startup #successful #inspiredaily #motivation #wisdom #motivational #lifestyle #happiness #entrepreneur #business #asktony #caretocomment