There are a lot of advantages to investing in an owner-occupied property – including an extra set of eyes on your investment! Plus, this type of investment could provide a roof over your head, as well.   

Here are 5 benefits of investing in owner-occupied properties:

1. Rental Income

With an owner-occupied property, you are faced with the unique opportunity to become a homeowner and a rental property owner at the same time. It is a win-win. You are generating rental revenues that you can then use to pay the mortgage and fund your next investment, endeavor, or project. An owner-occupied property is a great source of rental income for a first-time investor.   

2. Extra Eyes

Most tenants are going to behave differently with the owner living on the premises. It can be a draw for decent renters- which is good news for you. By living at or having your own landlord live on-site, you have extra eyes watching over your investment. You may get tipped off about activities, issues, or property damage that should be addressed sooner, rather than later.   

3. Save Money

By living in or having someone live at the property, you are saving the money you would normally spend on a management company to supervise your investment. If you are living there, you are saving money on rent or tenancy elsewhere.

4. Gain Experience

This is an excellent way to get one’s feet wet in real estate and rental property management. The experience gained from the whole process, including the network of contractors and resources that you acquire, is invaluable. It can make the next investment easier.   

5. Tax Advantages

There are tax advantages to making real estate investments. Talk to a tax professional or money manager to find out more.   

Need financing for your owner-occupied property? Talk to the team at KMS Funding about alternative lending solutions that work.