Gone are the days when man used to rely on farming. There is a new kind of farming and that is real estate. As the world population continues to increase one can Abdo Romeo be assured that this population will need a place to stay and you can take part in ensuring that they have decent lovely homes as their abode.
You might be tempted to buy shares but you should not look far back as the recent global economic recession was a huge downfall for all those who had invested in stocks since their prices went down as it was no longer a bullish market and the bear kept growling. So what are the benefits of investing in real estate?
The first benefit is that your capital grows. Why? This is because real estate property appreciates in value as the years go by so if you want something that increases the value of your money; real estate is the avenue to venture into.
When you invest in property you will be getting rent and that is a good source of income. You see, houses are basic needs and thus they are very marketable. No sooner than you purchase an investment property than you get money in a period of three weeks.
Do you want to have control over your investment? Well you should be breathing a sigh of relief because in real estate the owner of the property has a voice. If they want to raise the rent or do some upgrading they can do so without being inhibited.
In real estate business, the risk is not as high as that of venturing into shares. It is easy for share prices to fluctuate but the property market cannot be shaken easily thus you can have peace knowing that your property will maintain its value for a good period of time. The other benefit or should we say bonus of buying property is that there are some tax benefits that come with it meaning you will not be paying tax heavily like everyone else. Another thing is that you can use your property as security when seeking a loan. The bank will simply need to know the value of the property.