Investing in real estate is an excellent way to diversify your portfolio and bring in a potentially sizeable income. Properties of all types and sizes can make great real estate investments. Here are 5 benefits of real estate investing that make real estate the investment of choice.
Tenants Pay for Your Investment
Once you have purchased the investment property and have it ready for occupancy, you simply need to advertise to keep it full of tenants. Many areas, particularly large cities, have an ongoing demand for housing. With enough tenants, you will receive sufficient income each month to satisfy the expenses.
Tax Benefits
Investing in real estate has benefits that a regular business does not enjoy when it comes to taxes. This means you get to keep more of the money earned as a real estate investor. You get to enjoy lower taxes and depreciation on the property.
Diversification Value
Adding a real estate investment to your portfolio helps to provide a hedge against losses in other markets. It also tends to be less risky. Unlike most other investments, you can easily make improvements to an investment property that will enable you to increase the rent and realize larger returns. This makes real estate investing a unique investment.
A Hedge Against Inflation
Typical investments, such as stocks and bonds, can lose some of their value due to inflation. An investment property can offset some of this loss simply by improving the value of your property as mentioned above, and/or by increasing the price of the rent. The ability to raise the rent gives you the ability to control the returns on your investment property.
Enjoy More Free Time
If you own investment property and engage a professional property management firm you will have the luxury of enjoying more free time. Without a property management company, your investment could consume most of your free time. Think of all the things you could do with your family, friends and the places you could travel with free time and a monthly income.
Preston Management has been specializing in investment property for over 18 years. We offer a comprehensive management package to increase your property’s bottom line. Learn more about our services by going here or by calling us at (800)804-1598.
Be sure to see Karrie Baysinger’s new book, The Roadmap to Successful Investing and download a free chapter today.