Thursday, June 17, 2021 / by Ameil Gill
We are all familiar with investing in stocks and retirement plans, but have you considered investing in real estate? If you've been wondering how you can increase your cash flow this year, this could be the perfect solution.
Real estate allows you to earn a long-term passive income the moment you choose to buy a property and can provide a stable income every month. When you’re the landlord, those rent payments come to you every month, and that’s a really great feeling. ?
Depending on where you buy, your property will typically increase in value. Real estate has historically been one of the best investments anyone can make, as its value will trend upward over time. The average annual appreciation ranges from 3 - 5%.?
Contrary to popular belief, you don’t have to shell out millions of dollars to invest in real estate. Many people will even take out a home equity loan on their current house, and use the money as a downpayment on an investment property. Regardless of what your budget is, you can easily find a property that fits the bill.