Money is like a woman, if you don’t take proper care of it, it will go away. If you want to make sure you have enough for major expenses like college tuition, you have to invest correctly and real estate is one sure way to earn back on your investments. Let Real estate investing expert Franklin Cruz help you secure your money by pointing out 8 ways you can benefit from real estate investing.
Growth: In every transaction you make in real estate, there is opportunity for capital growth. Real estate is one investment where you are sure to see some capital growth from rental incomes and dividends from equity.
Profitability: You can never lose by investing in real estate if you invest properly. Real estate investing has a high ROI and your profit margin will be high.
Income: When you have invested in real estate your income never stops. With rental income, you are earning money 24 hours a day, 7 days a week, 365 days a year.
Management: When you buy a house for rent, then you should check how much it would rent for. If you find that the rent is lower than the mortgage, then don’t buy that property.
Amortization: When you own a rental property, you do not have to make the mortgage payments out of your own pocket– your tenants’ monthly rent is going to take care of it. Each time one of your tenants makes a rent payment to occupy one of your rental properties they are essentially helping you to own the property outright by adding more equity.
Tax Benefits: You get amazing tax deductions when you own a house. The feds allow you to depreciate, or deduct a portion of your property value from your income. Moreover, rental income is considered passive income and therefore not subject to self-employment taxes.
Use: You can put your property to a different use once you have bought it. You can convert a single family home to a duplex and earn more from it, or you can convert a triplex into 3 separate condos and rent them out – your choice entirely.
Foundation: The foundation of each transaction is win-win-win for you, the buyer and the seller. If you do not win, don’t invest in that property.
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