Are you looking to grow your wealth for your future? If so, you should consider investing in real estate.

This investment medium can give you constant cash flow, grow your equity, and give you added financial freedom for your future. If you’re not convinced, take a look at the top 7 benefits of investing in real estate.

Effective Investment

Many people talk about how investing in real estate is the way to get rich. Well, that may be true. In fact, 9 out of 10 millionaires became rich from real estate.

With real estate, you will be able to generate higher cash flow from the beginning. And the best part? The more you pay down your mortgage, the more your cash flow will increase.

With today’s high real estate prices, you will be able to charge higher for rent or resell your property at a higher price. Take advantage of this extra equity to build your real estate investment portfolio.

Interest Rates Are Low

Although we’re in the middle of a global pandemic, real estate has not seen a negative impact.

The interest rates have dropped drastically in the preceding months for real estate. It is now the time to enjoy the low-interest rates, as they will only grow higher in the future.

Pay 20%, Own 100%

The beauty of real estate is that you can pay a part of the property to own the entire property. When you don’t need to put the whole investment down to watch your money grow, you can increase your cash flow much quicker.

Make Passive Income

Are you someone who wants a small time commitment for your real estate investment? Good news that this is possible.

There are properties such as a turn-key condo that don’t need much time to upkeep. Yet, these properties generate high cash flow, leading you to earn passive income.

Real estate investors have been using their passive income to reach their financial goals. Choose how you want to spend your extra income, the way you want. Whether you use it for retirement, travel, family expenses, choose how to use your passive income for what helps you the greatest.

Select A Property For Your Risk and Involvement

Are you a risk-taker or risk-averse? Are you someone who has a lot of time, or is your calendar wholly booked? Whichever you are, there is a real estate property that will work for your lifestyle.

Low-risk and low time commitment options include condo and apartment rentals. These buildings have a concierge and a maintenance team, so you don’t need to worry about upkeep.

On the other hand, high risk and high time commitments include property investments where you are responsible for tenant needs and repairs.

Finally, the most involved level is flipping a house. It requires time and commitment but can have a profitable outcome. Your realtor will help you determine which property type will align the best with your risk and involvement levels.

Invest At The Right Time

In real estate, there are buyer markets and seller markets. With this in mind, you can choose to invest when the market suits you best.

In working with a trusted realtor, they will let you know if the current situation is favourable to you or not. With this information, you can secure an investment that will give you the highest profits.

Diversify Your Portfolio

When it comes to investing, it is beneficial to diversify your portfolio. By diversifying your portfolio, you can lower its volatility and risk levels.

In contrast to the stock market, which trades in the public market, real estate sells on the private market. The public market does not necessarily influence the private market, which goes to your portfolio’s advantage.

Have these benefits convinced you to get started in investing in real estate? A trusted realtor will be your greatest tool in finding the right properties for your real estate portfolio.

Do you have more reasons and benefits of investing in real estate? If so, let us know in the comments! For more real estate related content, visit www.annatran.com . Feel free to contact me at hello@annatran.com with any questions.

About Anna Tran
Born and raised in Ottawa as a first-generation immigrant, Anna grew to know and love the city like no other. Her hard-work ethic and dedication to providing the utmost quality service to her clients are what give her an exceptional track record as one of Ottawa’s youngest Real Estate Brokers. Being immersed as a community leader and achieving many career awards, Anna Tran is now a staple in the Ottawa real estate scene.

The Top 7 Reasons to Invest in Real Estate by Anna Tran | RE/MAX Delta Realty