Reasons why the wealthy always consider real estate investment.

in Project HOPE4 years ago

In every country and every region real estate investment is always considered a type of investment that is done by the rich to increase their wealth portfolio and I really think that real estate investment is really worth the hype as it tends to provide security unlike some other major investment types.

istock_000019551430xsmall-4d4312-300x1991.jpg
Image reference

Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate. Andrew Carnegie.

Benefits of real estate investment.

For the wealthy ones to keep investing in real estate it certainly must have a lot of benefit that it offers, I will highlight some of the added advantage that real estate investment offers in this post.

Real estate investment provides an opportunity for passive income, after removing the money for maintenance and repairs, as a real estate investor you are left with the continuous monthly or yearly returns as long as the property remains a valid option.

A lot of countries encourage the owning of properties and they do so by reducing the amount of tax charged on property owners, the wealthy know about this and they take advantage of the situation by investing in real estates. Taxes are reduced and this means more avenue to keep more money.

download (4).jpeg
Image reference

The value of real estate also continues to appreciate and this is one rule that have proven to be hold true for a long time now, the price of real estate’s continues to appreciate all the time and there is usually no question of loss when it has to do with real estate investment.

That feeling of satisfaction of owning a property or a home is another exciting reason why so many wealthy people are really interested in owning a property of their own, that exciting feeling of having a home you can always call your own or rent out to others and have a means of income is really exciting.

Real estate investment offers a long term level of investment, real estate investment is not a type of investment that crashes at any point in time it is rather a type of investment that when it is done in the right location and at the right time, will continue to yield great benefits for a long time.

Sort:  

I am also a huge lover of real estate investment, real estate investment has been a long term policy with which the rich increase their portfolio and I will also love to get to the level of owning some properties real soon.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 64349.20
ETH 2673.53
USDT 1.00
SBD 2.83