What is Great Lakes Properties and Investments?
Great Lakes Properties and Investments is an independent real estate and financial advisory firm located in Westlake, Ohio. Our goal is to provide our clients with custom solutions when it comes to investing in real estate and tax deferment on their properties.
How Does Great Lakes Properties and Investments Help?
Great Lakes Properties and Investments was founded to help landlords get their time back. Many landlords invest in property as a part-time business, but eventually, they acquire so many rental properties that it becomes a full-time job and can create tax issues later on in life.
So, we help our clients retire from being a landlord and convert them into an owner.
We use an investment process called a 1031 Exchange, which is a tax-deferred exchange where you sell one property and roll those taxes into the next property.
What most people don’t know is that there is a securitized property out there called a DST, a Delaware Statutory Trust, where you can sell your property and move the money into another real estate property inside the DST. With the DST, you are no longer the landlord, you’re a fractional owner. Now, instead of dealing with toilets, tenants and trash, you get monthly income.
Why Choose Great Lakes Properties and Investments?
Clients choose Great Lakes Properties and Investments for many reasons.
- We have a committed team that works with you to help you achieve your real estate goals.
- We offer a large, diverse group of real estate options.
- We work in your best interest.
- We have over 25 years of experience.
Learn More About Great Lakes Properties and Investments
If you are interested in learning more about Great Lakes Properties and Investments, please contact us today with any questions!