WHAT’S YOUR EXCUSE?
With various avenues for wealth creation, many are of the opinion that real estate poses to be a cumbersome industry to penetrate. This is understandable as any potential investor is expected to have adequate information of the real estate industry to know the right kind of property investment-which is broad.
Could this be the reason some people ignore property and choose to simply invest their money in shares or managed funds?
It’s a known fact that many become financially independent by investing in real estate as a sure way of growing their asset base. Sure, it takes time, but in the long run, it pays off and as your skills and experience grows it gets easier as well.
Real Estate guarantees;
High capital growth, which allows you to grow your net worth
Secure income, which increases over time.
Here, we highlight key points to make you rethink your stance on investing in real estate.
- Anyone Can Do Real Estate
Property investment is not just for the wealthy.
It doesn’t really require intensive capital to get involved in real estate.
It has been proven repeatedly that careful and intelligent use of real estate can enable one become a property millionaires in about 10 years.
If you truly intend to become one of the wealthy people in the future, you should probably take a serious look at using property to your advantage. - Income That Grows
The rental income you receive from your investment property allows you to borrow and get the benefit of leverage by helping you pay the interest on your mortgage.
Will this continue in the future? YES
Over the years the rental income received from property investments has increased. There are several reasons for this but as property prices keep rising, fewer people are able to afford their dream homes.
We know that the government is having difficulty providing public housing, which means there will be plenty of opportunities for landlords to make good money in residential property investment, particularly if you own a property that will be in demand by tenants of the future. - Control
Real estate is a great investment because you make all the decisions and have direct control over the returns from your property. If your property is not producing good returns, then you can add value through refurbishment or renovations or adding furniture to make it more desirable to tenants.
In other words, you can directly influence your returns by taking an interest in your property and by understanding and then meeting the needs of prospective tenants. - You don’t need to sell It
Unlike most other investments, when real estate goes up in value you don’t need to sell in order to capitalize on that increased value.
You simply go back to your bank or mortgage broker and get your lender to increase your loan.
Are you looking to grow your real estate portfolio? Rydal Mews Limited
Whether you are a beginner or a seasoned property investor, we would love to help you formulate an investment strategy or do a review of your existing portfolio and help you take your property investment to the next level.
