Brenton Eugene Lemmond - Interest in real estate: buying land and flipping homes

ROCKWALL, Texas - June 16, 2017 - PRLog -- Brent lemmond has had an eye for the real estate industry for a long time. That is why he has started building homes in Caddo Mills and Royse City areas. Real estate provides a passive income which allows him to save up and invest in other real estate establishments. Cash flow from a real estate establishment is also more predictable, and this is perfect for him since he can evaluate his cash flow and plan on the usage.

The other key reason why Brenton Eugene Lemmond decided to venture into the real estate business is the Tax relief he gets from his investment. In fact, he not only pays zero charges on employment taxes but greatly benefits from government tax relief.

He is also taking a keen interest in flipping homes since it gives him the ability to realize gains and has tied up capital for the shortest time possible. Unlike the stock market, such an investment is more predictable and provides for extended periods that handsomely compensate investors. His motive for this investment was to make it a tactical strategy as opposed to a long-term investment strategy. He chose to do this since transaction costs can be high on the sell and buy side, which significantly impacts on the profits.

Brent Eugene Lemmond has also been on the hunt for distressed properties. He finds homeowners who no longer have the capabilities of managing the property and buys from them. He then models the houses and enhances the features to match the expectations of potential homeowners.

https://www.brenteugenelemmond.com/