You might have some preconceived notions about real estate, as we all do, right? You may think it's difficult to get into real estate investing or that it's only for the super-wealthy who already
Why YOU Should Invest In Real Estate
Dated: October 5 2022
You might have some preconceived notions about real estate, as we all do, right? You may think it's difficult to get into real estate investing or that it's only for the super-wealthy who already own 2 or more homes. Not true, in fact, very far from the truth. Real estate investing has tons of benefits that make it a smart investment option for someone looking to grow their wealth. Passive income is one of the top benefits of real estate investment. Passive income is income that comes without the traditional "work" put forth. When you choose to invest in a rental property, you will get a passive paycheck each month with very little effort. Especially if you choose to rent it through a property management team, then they handle all the landlord work for you. Another amazing benefit to your real estate investment is that you will diversify your portfolio. Having many different kinds of assets like stocks, a 401k and real estate, for example, your wealth will be much better protected in case of an economic downturn. For example, as the recent years have shown the stock market to be taking a dive, real estate has appreciated greatly, when you have your toes in a few ponds then you can rest easy knowing the ebb and flow will balance each other out. Additionally, real estate assets will only appreciate with time, that means they will only continue to increase in value and subsequently increase your return on investment. But don't forget, investing in real estate comes with quite a few tax benefits. Not only can you write off expenses associated with the property but you can depreciate the asset over time and take advantage of capital gains tax deference.
There is a reason the millionaires out there start out investing in real estate. It's a great investment with relatively low risk and high returns. This makes it great for beginners and experiences investors alike.
If you have any questions about real estate investments and whether they're right for you, then send me a message and I will get you all the info you need.
Sara Schumacher has a true passion for helping people in all walks of life. Whether you are buying a home, selling your family home, looking to invest or just need someone to bounce ideas off of, she ....
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