Buy land, they’re not making it anymore – Mark Twain
The benefits of investing in real estate are numerous. With well-chosen assets, investors can enjoy predictable cash flow, excellent returns, tax advantages, and diversification—and it’s possible to leverage real estate to build wealth.
YOU CAN START NOW
Investing in real estate does not require some specialized knowledge or training. There are a lot of investors in the world who never intended to make money with real estate. They simply bought a house of which value grew over time and therefore discovered a great source of extra income.
EASIER THAN STOCKS
Going into the stock market can be demanding: you need a huge amount of knowledge in areas such as trading, researching companies, understanding different funds and the functioning of the entire stock market. On the other hand, investing in real estate is much easier – you can go online, find interesting properties, and easily compare them to each other. Of course, there is more to do than this, but most market research can be done online, by visiting various settlements or by talking to one of the local real estate experts.
It is common knowledge that banks and other lenders love real estate. These types of loans represent a large part of every bank’s business, which means that they usually give loans for the purchase of real estate rather than any other loan for more short-term assets.
YOU CAN SIMPLY INCREASE THE VALUE OF YOUR INVESTMENT
Renovation is a proven way to increase the value of your property. The most important thing is to analyze the property and identify its advantages and disadvantages. This way, you can estimate where the renovations would pay off the most, how much they would cost, and what that would mean for the final price of the property. If you wisely allocate funds for renovation, the price of your property can increase by two to three times more than the cost of the renovation itself.
THE FUTURE OF YOUR CHILDREN
Your children can also benefit from your investment. Of course, they could also benefit from all your other investments, but these are more risky and not as solid as a property bought in a good location, the value of which grows over time.
AN INVESTMENT YOU CAN AFFORD
Investing in real estate is also possible with smaller investments. You don’t have to immediately target luxury estates or apartments. You can start by buying a smaller two-bedroom apartment in the area with more affordable prices. If you hit the right apartment, renovate it a bit, the value of your apartment will grow at the same rate as some much more expensive real estate.
Once you buy a property, you take control of it. You can choose to raise its value, its rent, or cash flow – these are things you have no control over as a company owner.
MEANS YOU CAN USE
Real estate is always something you can use, even if you don’t choose to use it as an investment. If you happen to find yourself in a financial dilemma, you will always have the option to move into your property and then move out when you get back on your feet. Regardless of all this, your investment remains intact.
Compared to the stock market, the real estate market is much more stable. If you choose a property in a good location, it is unlikely that the market will collapse overnight or over a long period of time. With a little research and professional help, you will easily avoid high-risk areas.
ASSISTANCE OF EXPERTS
Because the real estate industry is well developed, you can find an abundance of services to help you with your investment. You can choose to work with real estate agents, property managers, contractors, who will do their job professionally and will give you an edge over the competition and greatly increase the profitability of your real estate investment.