A Guide to Opportunity Zones in Real Estate

1. A Guide to Opportunity Zones in Real Estate SUMMARY: Look for an opportunity zones real estate development project that meets your needs. Find a real estate investment group to help you. Text Investing in real estate can bring tremendous profit. If you are looking to make the most out of your money and you want a huge return on your investment, then consider putting your money in a qualified opportunity zone property. Given the tax incentives that you can enjoy, it’s a smart move for any investor like you. This guide offers the basics of how you can get started. Opportunity Zones: What are They? They are economically distressed areas. The government wants to encourage the development and growth of these areas, though, through new investments that can turn these communities into thriving places for businesses. Not just any low-income areas, though, are eligible. When you pick an opportunity zones real estate development property, make sure it’s been designated as a qualified opportunity zone property by the government. How Do I Find an Opportunity Zone? If you’re not familiar with opportunity zones in your community, or you’re looking for investments in multiple locations, then you’ll need to consider asking for help. Look for an

2. investment opportunity group that can provide you with the information you need. They can guide you through your investment decisions by pointing you in the right direction. That way, you can avoid investments that have little to no hope of going anywhere. How Do I Pick an Investment Opportunity Group? Consider the company’s background. How long has it been around? What kind of credentials does it have? Make sure you’re clear about the services they offer. That includes the extent of the help you’ll receive. Will they provide you with a list of the properties that meet your investment requirements or goals? What about your budget? Will they guide you through the process of investing in an opportunity zone fund and using that to invest in any of the qualified opportunity zone properties? Can I Invest in a Traditional Property Too? If you want to invest in both a qualified opportunity zone property and a traditional property, that’s not a problem. Partner up with the right real estate investment group for tips and insights about properties that are on the market. What Do You Need to Know? Look for a real estate investment group that can help you track your investments. If you have more than one, you’ll want to be kept up to date about developments in the property and community. Those developments can influence the failure or success of your investment. A real estate investment group that offers those services comes in handy. Do they offer an app or tool to help investors track their investments with ease? What about updates on the projects? Talk about that with a potential investment group. What Do the Reviews Say? Don’t forget to check the feedback from other clients. What do they say about the company? Are they happy about the services they received? What problems did they encounter, and were the insights and assistance helpful? Go over those details before you pick a company for real estate investments.