A shore property purchase can be a savvy financial investment whether or not you plan to live there. Today’s real estate market could be the best time to purchase investment property that will secure your long-term financial goals. Why should you consider investing in real estate? 4 Benefits to Investing Real Estate Today!
1. Cash Flow – A rental property offers monthly income to cover the mortgage and provide you with cash flow.
2. Build Equity – Monthly mortgage payments build equity, providing you with a financial gain when the house appreciates.
3. Passive Income – Real estate as a long-term financial investment creates passive income once the mortgage is paid off.
4. Tax Benefits – Interest payments, mortgage insurance and expenses related to your investment property can be claimed as tax deductions.