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What Investors Need to Know About Condo Investments

In Real Estate Investingby Bergan & Company

More than five million Americans live in condos or co-ops.  Condo investments promise the home equity and tax advantages of homeownership without the hassles of single-family houses. Yet can they be a poor investment? Who wins when they purchase a condo, and who loses? The answer depends a great deal upon the location and rules of the building you are …

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Property Investment: Demand for Single-Family Rentals is at an All-Time High

In Real Estate Investingby Bergan & Company

Single-family rental homes make up about one-third of the 16 million rental properties in the US. The demand for such properties is at an all-time high, and it is not showing signs of slacking. It only makes sense to look into this potentially lucrative investment option. What Will You Get? Investing in a single-family rental property offers several advantages. One, …

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Owning a Rental Property: The Key to Financial Independence

In Property Management, Real Estate Investingby Bergan & Company

Landlords, along with business owners, tend to be about four times wealthier than the average American. And if you look at how much renters are spending on rent checks and how much profit rental properties in Centennial Colorado are making it is easy to see why. According to a recent Zillow report, American renters – especially those in major cities …

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Functional Wealth

In Real Estate Investingby Bergan & Company

What it is? And how do I achieve it? I am constantly asked by friends, family, and clients why I invest in real estate and what benefit it has for me. My answer is very simple; it provides functional wealth for my family. My definition of functional wealth is when your assets are providing for your day-day life. You’re not …