There are people who want to do more with their money lying idly in the savings account. They want to make safe investments that would ensure them good returns.
Real estate is one such venture which promises good returns over a long- haul if invested wisely. Real estate investment might not be as simple as it looks, but it is by far the only investment which is safe and promises good returns. Some more advantages of real estate investment are:
One Bloor West Condos Coming as a great opportunity. It will be one of the tallest tower in Toronto.
This is ideal for people who want a constant income which can add to the existing cash flow. By investing in real estate and then giving that property for rent, there is always some cash left over after bearing all the necessary bills and dues. This cash flow can be used for further investments or for enjoying a luxurious life.
Money coming from rentals is advantageous for people who are a lot into business. This extra monthly income can support the bad times in other businesses and is also fixed and predictable unlike other investments.
People who earn their money through rentals are swimming in good waters. Government is too mild with them with regard to self employment tax and they get rewards on rentals too. More good news is; they get tax benefits which means adding depreciation value and very low tax rates in case of long term profits.
Real estate is a golden investment if made wisely. For properties that are out up for rent, the investor actually makes the down payment in the beginning of the mortgage deal. After that, the tenant is actually paying the mortgage. Sometimes the lucky investors get few extra bucks left even after the monthly mortgage payments. By the end of the mortgage term, the investor becomes the owner of an asset, which he never paid any mortgage for. All the mortgage episodes were actually paid by the tenants.
If we put aside the chances of property market crash, real estate is an all-win for the investors. After the mortgage term ends, the investor becomes the owner of that property. This property is bound to have appreciated in terms of its monetary value over the span of years spent under the mortgage terms. This clearly means there is a straight appreciation in the value of the property which means good returns if you want to sell it.
Real estate is- play wisely and get bigger returns.
Here is a great video you must watch.