Persuasive Essay On Real Estate Investment
Are you thinking of an avenue to make your money grow further or maybe choosing between options about how to build your retirement fund? If you are you looking for a way to invest your hard-earned money and therefore grow your wealth, then you might want to explore property investment. Of course there’s the IRA and the 401k - and this traditional route is anything but sound - but if you already have those down pat then you might want to consider investing in real estate. Here’s why:
1. Real estate investment is relatively easier than other kinds of investments. You do not need to be an expert to start property investment. Some successful property investors actually got into the business without meaning to: they bought a home for themselves …show more content…
Real estate investment does not require too much time. If you have chosen a good property to invest in, then you can be sure that the property pays for itself while generating additional income for you. Of course, if you wish to use your property for college and vacation rental, you would be required to put in more time into managing and maintaining it, but if you opt to rent it out long term to decent tenants then you do not have to go through the hassle of maintaining it all the time. It goes without saying that you need to be fair to your tenants and treat them with respect to ensure that they stay with you for the long run.
3. Real estate investment is long-term. No matter the crisis, no matter how scary real estate seems, it will always be a good investment. As long as there are people living in homes, residential property investment will be stable. Many foreclosures have given rise to more home renters and tenants who are paying the mortgage for your property. As long as your property is in an area that is in high demand, you will have a positive cash flow.
If things take on a different turn, you can always use your property (provided you have cleared all rental agreements) – you can move into it and move back out of it depending on your needs. You cannot do that with your stock investment, can
1. Real estate investment is relatively easier than other kinds of investments. You do not need to be an expert to start property investment. Some successful property investors actually got into the business without meaning to: they bought a home for themselves …show more content…
Real estate investment does not require too much time. If you have chosen a good property to invest in, then you can be sure that the property pays for itself while generating additional income for you. Of course, if you wish to use your property for college and vacation rental, you would be required to put in more time into managing and maintaining it, but if you opt to rent it out long term to decent tenants then you do not have to go through the hassle of maintaining it all the time. It goes without saying that you need to be fair to your tenants and treat them with respect to ensure that they stay with you for the long run.
3. Real estate investment is long-term. No matter the crisis, no matter how scary real estate seems, it will always be a good investment. As long as there are people living in homes, residential property investment will be stable. Many foreclosures have given rise to more home renters and tenants who are paying the mortgage for your property. As long as your property is in an area that is in high demand, you will have a positive cash flow.
If things take on a different turn, you can always use your property (provided you have cleared all rental agreements) – you can move into it and move back out of it depending on your needs. You cannot do that with your stock investment, can