Real Estate investing is one of the most utilized ways throughout history to build wealth.
There is such a wide variety of ways that a person can invest in real estate regardless of what their strengths and weaknesses are.
Many of fortunes have been made through this avenue alone.
In this post I am going to cover 10 reasons why real estate investing is such a powerful vehicle for generating income and building wealth.
Leverage is a huge benefit when investing in real estate whether you have capital or not.
You can control an asset worth hundreds of thousands of dollars, or more, with none of your own money.
In one transaction it is possible to make tens or hundreds of thousands of dollars.
It is important to note though that investing in real estate is not a vehicle that should be used to try and get rich quick. Great income and wealth can be generated over time by disciplined investors who put in the work.
Passive Income/Cash Flow
You can create a monthly income stream that comes in whether you work or not. This can truly bring you financial freedom as well as time freedom to do whatever your heart desires.
While there are market crashes, which can temporarily bring down the values of real estate, over time most types of real estate will increase in value.
The national average for appreciation rate over the last 50 years is about 5%
By investing in real estate you can benefit from the many tax write offs that are available to real estate investors
Legal & Professional Services
Depreciation is when you deduct a portion of the cost of the real estate you purchased, over years.
Investment properties receive a tax deduction annually for wear and tear of the property.
Many Strategies to Use
In the world of real estate investing there are a plethora of strategies that you can use to generate income.
Regardless of your current situation there is a strategy out there that you can implement today.
By creating a passive income large enough to cover all of your monthly expenses it allows you to dedicate your precious time to whatever you choose.
Real Estate Investing can help you reach all of your financial goals when executed properly.
Work For Yourself. Be Your Own Boss
When your business is set up properly you will not ever have to punch in a time clock ever again.
You can create your own hours, take vacations whenever you want without asking for permission and attend all of the important family functions that you choose.
There you have it. You now know ten reasons why you should invest in real estate. It truly can be a powerful vehicle that you can use to reach your financial goals and create the life you have always been destined for.
I hope that this post was very helpful to you. If it was, please share with someone who you think may benefit from it.
Here’s to your success!!!