Investing in Real Estate: Income, Potential Long-Term Gains
Conditions have rarely been better to add real estate to your investment portfolio. Most markets have plenty of affordable properties, interest rates remain historically low, and with homeownership rates declining, the market for rentals is increasingly strong.
Of course, conditions differ by market. Real estate investments may be more or less favorable depending on your locale. But if you're looking for a good return on investment with the potential to produce significant profit down the road, you owe it to yourself to look into real estate.
You also may realize tax advantages by investing in real estate; please check with your CPA or tax advisor for the details.
Let me offer my perspective on investing in real estate:
There's never been a better opportunity to have a positive cash flow with investment properties.
In my market, rental rates haven't declined at the same rate that prices and interest rates have. There are awesome deals out there. If you can make money every day, it's far better than having money in a bank."
Investing in real estate isn't for neophytes. You should have real estate experience and of course the financial wherewithal. Even branching out into an unfamiliar sector is problematic.
I'm not sure now is the time to take a chance with learning curves. For instance, if you have experience buying and selling single-family homes, investing in that sector would be smart. But you probably shouldn't be looking at commercial properties.
Anybody who's investing in the stock market, or in bonds or other equities, should also be investing in real estate to give themselves a diverse portfolio. How does real estate compare to other investments? Favorably from an income point of view, and if you consider the capital gains real estate has seen in the last 20 years, then it's done very well.
The thing about real estate is that even if values fluctuate, it still provides rental income. Real estate continues to be an excellent investment.
This will help you quickly determine if you have the ability to move forward. Next, talk to me or one of my Partners. We are knowledgeable in the investment market; we can help you identify the right property and purchase it at the right price.
The advice offered here may not be applicable to all areas. CONTACT ME for expertise tailored to your locale.