Ian Renner of Florida - Long Term Investment
Ian Renner of Florida is a real estate advisor with many years of experience. He says that he is sometimes called on to share his expertise with new real estate investors. And he says that he sometimes surprises himself with the quality of his advice.
"Don't take that wrong," he says. "I've been doing this for a long time now, and I know what I'm doing. It's just that I'm at the point now where I could just about write a book on the subject. Sometimes I forget how much I know, until I start talking to those who are just starting out. And I can just talk and talk and talk off the top of my head, no notes or anything, and be quite certain that what I am saying is completely accurate."
In his experience, he says that people who are in the 35-to-65 age group tend to be more serious about real estate as a means of generating income. "The people who are a little older, who have a little more real-world experience, tend to be a lot more prepared and a lot more motivated," Ian Renner of Florida says. "They may have a need for extra savings and income for retirement, or they may be looking for new ways to put their kids through college. Or some of their other investments have gone down. Whatever – what they have in common is that need to try something different."
For such people, he says that a good starting point can be as simple as renting out a room in their home – to a foreign exchange student, for example. Or they may want to renovate a part of their home into an entire apartment. And then there are those who want to take it to an even higher level, something more like what Ian Renner of Florida has done for years, and buy a property, find tenants for it, and get the rewards of a long-term investment.