Property That Have Value
I think you’ll agree with me that real estate investment deserves a closer look when I tell you that according to many sources 90% of the world’s richest people made their fortunes from property!
So here are just five quick reasons why I think you should consider building yourself a real estate portfolio.
1) Freedom – By working to create a profitable business from your underlying property assets you can free yourself from the shackles of 9 – 5 employment where your creativity is zapped and your potential overlooked! For the rest of us the daily grind is simply necessary to keep a roof over our heads, feed and clothe our children and hopefully be able to afford to retire some day.
Rhiannon Williamson is a freelance writer whose many articles about international property investing have appeared in publications around the world. Visit her site AmberLamb to read her latest articles.
Does that sound like freedom to you?
I don’t think so!
The creation of a profitable property portfolio will allow you the freedom to make your own business decisions, to work when you wish and to manage your family’s finances more effectively.
2) Leverage – if you place a twenty thousand dollar lump sum into a bank you will earn interest on that figure alone – the interest rate will likely be poor and taxation and inflation will eat away at any gains you make.
3) Profit Twice – with property you can profit once in the form of regular rental income earned and you can profit twice and big time from the average price gains your property will enjoy each year.
4) Consistent Growth – over the last fifty years real estate has doubled in value every seven years. If you average that out that means that property has grown consistently by just over ten percent a year.
5) Passive Income – As your property portfolio grows so the amount of income you generate will increase.
This is a passive income that you can take into retirement and hand on to your children and grandchildren when you’re gone.
A Final Word – Making an investment into real estate is just like making any other form of investment. There are associated risks and past performance is not an indicator of future potential. Furthermore this article does not constitute personal direct advice.
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