Top 4 Reasons to Invest in Real Estate
As far back as recorded history, land owners have been the ones to enjoy the lion’s share of society’s wealth. While monetary systems change over time, land remains a stable source of income, growth, profit and security. Investment in Real Estate is as sound today as it was in ancient Sparta or Egypt. In fact, today’s market shows property investment yields the highest returns of all other investment categories including equities and international trading.
1. You don’t need experience or vast, personal wealth to get started.
The Real Estate Market has created more millionaires than any other field of investment. In no small part this is due to not needing deep pockets or a great understanding of how the market works in order to dive in and start dealing.
In the beginning your most important contribution to your future success is a willingness to listen and learn from those in the business who have already built a successful portfolio. Their business strategy is your key to becoming a success yourself. Practically speaking, your first step here is your first step to becoming a millionaire.
2. Before you even see a profit the benefits come pouring in.
A plethora of tax deductions, the prospect of income from rental property and other benefits such as being able to use your property to procure loans becomes available straight away. No other business investment has so much to offer in both short and long term advantages.
Plus, property investment has the added advantage of being able to be fully insured. Fire and flood insurance covers the buildings and as a landlord you can get insurance that covers loss of income and/or damage caused by dodgy tenants, and tenants who break their lease agreement.
3. There’s no such thing as a bad property.
While it’s true you can always buy a building that is so run down it would cost more to repair it than to level it and start over, there’s really no such thing as a bad property. History repeatedly shows that bad neighbourhoods are only the precursor to future projects and like the Phoenix rising from the ashes, if you are patient enough and strategic enough, the worst property in your portfolio will one day be the key to someone else’s dream project. So while other business start and fail, real estate investments are always made of solid ground.
That said, it of course stands to reason that if you’re looking for a more guaranteed rental income in the short term, where you focus your investment and what property you choose will play a large part in how quickly your portfolio grows.
4. Your property investment pays for itself.
Rental income allows you to pay off the interest amount on the loan it took to procure the property in the first place. And in this case, inflation is your friend. Rental prices increase at a slightly faster pace than overall inflation. That means that in a bare few years time you’ll be collecting at or above the amount you need to maintain the costs associated with holding your property.
Trends in all businesses fluctuate and currently homeownership in Australia is in decline. For the real estate investor looking to garner income from property, this is a signal that now is the perfect time to make this investment as more people are and will be looking to rent homes rather than purchase them. So right now it’s an investor’s market.
From your first investment, you’ll also be able to use the property as leverage to procure other properties. This is how millionaires work to become bigger millionaires – but you don’t have to be a millionaire to use this same strategy to create your own wealth. You can start today!
This is not a get-rich-quick scheme!
Filling a portfolio with sound property investments doesn’t happen overnight. Profits don’t just roll in. We prefer to help you carefully select those properties that will sustain you in the long run and protect you and your family in your retirement years. We’d like to know we’ll be with you during that lifelong journey, helping you make the right, informed choices so you’ll never need to worry about money again.