Learn how to make money from Real Estate Investing
You know things are bad when you plunge your hands into your pockets and come up with nary a coin. You might have some money in a retirement savings account, but this nest egg is off limits and is meant to provide a cushion for you when you grow old and tired and unable to stay up all night working. Your investments in the stock market have been going through some harrowing periods of volatility, with political events like the election of Donald Trump as President affecting how much money in capital gains that you get to take home.
You need a new strategy that works and gives you stable income that you can count on, come hell or high water. The good news is that such an investment exists, and it is real estate. Real estate is one of the most profitable investment vehicles that you can buy into, for a variety of reasons. Some of these reasons include:
- Rental Income
When you buy that tiny apartment in the city and then rent it out to viable tenants, you will have a steady monthly income coming in. The most important fact about this revenue is that it is passive. This means that you do not have to lift a finger for the money to slide into your bank account. Rental income is the primary source of revenue that investors look for while investing in real estate.
- Buying cheap and selling high
Real estate also offers you the chance to make profits almost instantly when you purchase a property at a price below its market value. This is possible if you purchase properties that are going through foreclosures and sellers in a pinch who want to dispose of their assets as quickly as possible. It will also help if you have good negotiation skills.
Once you have the property in your name, you can then proceed to stage it and make improvements that significantly bump its market value. In this way, you will have bought low and sold high, beating the market at its own game.
- Tax benefits
There are multiple tax benefits to be enjoyed from owning real estate. This will depend on the jurisdiction your rental property is in and whether you own it as an individual or through a corporate vehicle. There are vast opportunities for you to make a tax-free profit if you know how to work the system.
- Enjoy the benefits of extra cash flow on a refinance
In cases where you’ve bought your property through a mortgage, refinancing the mortgage might reduce your monthly payments while the rent coming in from your tenant remains the same. This will translate into increased cash flow every month. This will provide a sound financial bunker for your purposes.
As can be clearly seen, real estate is a viable investment if you’re interested in passive income. However, it is not as easy as people may think. You need to be properly informed and guided so that you do not end up losing your hard-earned money. Eliminate risk today by requesting your free foreclosure investing kit at http://investorsedgeuniversity.com/tv-sign-up/. You also stand a chance to learn more about the ins and outs of the real estate business from Dwan Bent Twyford and Bill Twyford at the Investor’s Edge University.