Since his first exposure to the real estate industry as a child, Jeffrey Sklar has pursued every aspect within the industry. From buying and selling to property management and investment, Jeffrey has done just about everything that a person can do in the field of real estate. While a significant portion of Jeffrey’s career is devoted to helping clients buy and sell property, he is also involved in real estate investment. Investing in real estate is one of the best ways to increase income, and it’s something that every investor should consider.
When people ask Jeffrey Sklar for real estate investment advice, his most important suggestion is to save and start small. Investing in real estate ultimately depends on an investor’s current economic situation. An investor who has money saved in the bank or who can save money quickly will find it easier to purchase a second home to rent out to tenants. Purchasing a second property is the easiest step to becoming a landlord. With each additional property that’s purchased, an investor diversifies his or her portfolio and moves closer to financial independence.
Once a property is purchased Jeffrey Sklar recommends paying off the property as quickly as possible. He also recommends putting down as much money as possible during the initial purchase. Both of these strategies will help the investor start generating income quickly. Unlike many other assets, real estate is tangible. Driving past the property, negotiating rent, and carrying out remodeling projects are just some of the tangible benefits of owning and renting property.
New investors often want to move too quickly; however, Jeffrey Sklar is quick to point out that learning how to be a successful investor often takes years. The more experience that investors acquire, the more knowledge they gain. This knowledge can then be used for future investments. When it comes to getting involved in any aspect of the real estate industry, Jeffrey recommends finding a mentor. Learning from someone who has more experience makes success easier to attain. Plus, it helps new investors avoid mistakes that they would otherwise make.
Jeffrey Sklar’s father and grandfather were both involved in the real estate industry. At an early age, Jeffrey learned about property management and knew that he wanted to pursue a career in real estate. In 1994 he enrolled at the University of Cincinnati and majored in finance and real estate. After graduating in 1997, he started working at Delta Realty as a manager. Today Jeffrey’s focus is on @ Realty, a boutique real estate brokerage which offers concierge services. The level of customer service that Jeffrey provides clients helps set him apart from the competition.
Las Vegas, Nevada is a fantastic location to live and to work. The area offers numerous attractions for families. While the city is famous for its gambling, the area is home to much more. The Grand Canyon, Hoover Dam, and Red Rock Canyon National Conservation Area are just some of the attractions that families can enjoy. Jeffrey is grateful that his career gives him the opportunity to explore the city and see more of it than most residents do. To learn more about @ Realty, visit the organization’s official site.