If you need assistance, please call 416-884-1359

TOP REASONS TO INVEST IN REAL ESTATE

Thursday, June 17, 2021   /   by Ameil Gill

TOP REASONS TO INVEST IN REAL ESTATE


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.
Here are just a few reasons why many people invest in real estate, and why you should, too:
1. EARN PASSIVE INCOME FOR LIFE.
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. ?
2. APPRECIATION.
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%.?
3. REQUIRES LESS MONEY.
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.
?
Add these reasons to the historically low interest rates, and now is an ideal time to consider an investment property! Have questions on where to start? I can help – send me a message and let's chat about your real estate goals.
REMAX Realty One Inc. - The Gill Team
Ameil Gill
50 Burnhamthorpe Road West Sussex Centre Ste #102
Mississauga, ON L5B 3C2
416-884-1359

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2021 Last Updated July 28, 2021
This site powered by CINC: www.cincpro.com