Is An Investment in Real Estate A Good Idea?

  • Buyers
  • August 1, 2023, 3:51 pm
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People will often ask, “Is this a good time to consider buying investment property?”. Aside from owning your home and perhaps a second home, maybe adding an investment property to your portfolio is worth considering. There are quite a few advantages to do so. Unlike a traditional portfolio, Real Estate is a tangible asset, that is you can actually feel, see & touch it. Typically, you will enjoy long term appreciation, as well as a great hedge against inflation, while also having a steady rental income. If you’re new to being a landlord, there are a number of excellent property managers who can take that part of ownership out of the equation. All though interest rates are high now, they are expected to come down as inflation woes lessen. The demand for housing continues to remain strong, and as a result rental prices have continued to rise. The wealthiest folks throughout history have often attributed the owning of Real Estate investment properties as the very foundation that helped create their wealth. So give it some thought, there are lots of good reasons to do so.