The real estate business is considered nowadays a serious
option for people wanting to make huge amounts of money and have a continuous
steady income. Although there is a general fear for making risks due to
financial recession and other barriers hindering your chance for success, if
you play your cards right you will be successful in the long run.
Here are
some reasons on why you should invest in real estate in 2013.
High property demand. According to U.S Census Bureau house
and property sales have risen up to 20% in 2012 especially in Western and
Northeast regions where the prices are relatively lower. The good news is that
house building, fall of inventory, affordability and construction activity are
expected to be more positive in 2013.
In rates and other bank resources,
the rates are below 4% especially for the first half of 2013. Although there is a chance of
increase in late 2013, the rates will still be attractive for both refinancers
and homebuyers.
High Amount of foreclosures. The high amount of foreclosures may
sound negative but it also considered an advantage: If you buy foreclosed
properties you don’t have to worry about mortgage payment.
Good Return of income. If you look for properties that will
grow in value, the property equity will increase and thus you will get a return
of your investment when you sell the
property
People’s preference for buying houses
is bigger than hiring apartments. Most people look for a temporary apartment first and then
proceed to buy a house-the opposite is highly unlikely unless there are
financial issues in the process.
Cash flow investments have a higher
return than other assets. For the last 5 years, the Dow Jones industrial average amount was down
15% while rents have increased over 8% (same period).
If you don’t rush and study all the
key concepts needed for success, you can generate passive income in the long
run. Portfolio
management isn’t time consuming at all as it takes only a few hours on a
monthly basis. And if you collaborate with the right experts to help you, there
is a very high chance for success.
Taxes and interests are low. Even though there is fear in the
atmosphere due to global recession, taxes and interests regarding real estate are lower comparing to other assets
and this can be very beneficial for all parties involved.
Comparing to other methods of gaining
income as I said in the first tip, it is easier to gain income through property
investment. If you do a research and are surrounded by
reliable and successful people your door for success is wide open. We recommend
you consult property investment gurus like Dean Graziosi and see if they can
help you.
Many
successful people like the famous Dean Graziosi managed to make millions with
one thing in common: They are fully or partially involved with real estate investments. If you are tired of trying other
methods like only investing in the stock market you should try investing in
real estate.
Check out Dean Graziosi’s e-Books >>>
