If you study the most successful people in America, you find that they have one thing in common. Almost without exception, the most successful either make their wealth, or keep their wealth, in real estate.
Are you ready to become a millionaire real estate investor? Read, study, and apply the information you find here. Are you ready to become a millionaire real estate investor by investing in homes for sale in Bradenton and Lakewood Ranch Florida? If we may be of help, please give us a call today at 941-358-1818 or Email us with
Advantages of Investing in Real Estate
Anyone Can Do It?
For starters, real estate investing is advantageous because anyone can do it. It is easy to understand, easy to find, and easy to finance. Owning a small business can require tens of thousands of dollars in start up costs. An investment property may require only 10% down (or less) on the value of the house. You do not need much of the purchase price in cash to buy a property.
Real Estate Values Tend to Increase Relatively Smoothly and Consistently.
Real estate increases in value over time. The U.S. Department of Housing and Urban Development reports that median home prices appreciated at an annual rate of 6.1 percent from 1972 to 2002. Compared to the volatility of the stock market real estate predictably increases in value over time.
Real Estate Offers a Great Return on Investment
Real estate provides a great return on investment. For a small down payment you can own a large investment being paid for by a tenant. Where else are you going to make a small down payment, let somebody else pay for it, while you enjoy all the rewards?
Real Estate is Depreciable
The fact that real estate is depreciable is another great advantage. Real estate investors enjoy a tax break because it allows them to reduce their taxable income through depreciation even when a property is increasing in value through appreciation.
It Helps Reduce Your Taxes
Claiming property related expenses and mortgage interest may help offset taxes owed on your regular source of income. Real estate offers the best tax savings of any investment.
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Real Estate is a Stable Investment
Real estate is a stable investment. It is generally slow to rise and slow to fall. It doesn't surprise you. The real estate market is predictable for anyone who's paying attention. Unless you overpay for the property from the beginning, if you're prepared to hold your investment, you're probably not going to lose money over the long haul.
Real Estate Provides Shelter
Lastly, real estate is literally the only investment vehicle that can put a roof over your head. The home you live in can be an investment. More than that, it can be the foundation piece of your financial wealth-building program.
It Can Provide Supplemental Income
Investing in Real Estate may enable you to supplement your income for large expenses like education of your children or savings for your own retirement.
Real Estate is Very Forgiving of Mistakes
If you buy a property, the chance of that property going up in value around the long-term national average is pretty high. The average increase is relatively consistent, smooth, and predictable. Even if you happen to pay a little too much for a property, if you hold it long enough you'll be OK.