There are now various ways to plan your investment. You might have personal finance assistants helping you with your personal finance. But one of the oldest types of investments that we know about is the investment in real estate.
You do not have to be an expert in investment strategies to invest in real estate. All it takes is meticulous planning and the right timing, and, of course, a reliable source of capital! And when you have all that, you have with you an investment that would never go a waste.
If you choose the right property in the right spot then you can be assured of an impressive appreciation value. There are some places where real estate boom has result in the investment getting multiplied several folds in a span of a few years.
You would be paying taxes on the property being owned but there might be a lot of other places where the collective tax paid goes down. If you have applied for a loan for purchasing the property then taxes on that loan would be cut off. Rental income also attracts lower tax than similar investments in business and other modes of self-employment.
The ownership of a tangible asset
A brick and mortar establishment almost always never goes a waste. If you have a residential property that you have invested in then you could either use that as your place of residence or rent it out. If there is a commercial property then it would definitely fetch some large rental incomes. You have the absolute freedom to work on your property and modify it, spend on it and renovate it as and how you please because you are the absolute owner of the property.
There is a surge in the number of home loan options. So you also have the benefit of choosing from a variety of loan interests and tenures. The repayment structure as well as the loan closure process is also simpler. On the whole financing for real estate is one of the most convenient options.
Do not worry about inflation
When inflation hits the market everyone but homeowners are happy. This is because with the increase in the price of everything around you it also results in the increase in the rent that could be levied on the property. And the property value also appreciates in this case. So you have a reliable hedging option against inflation.
The liquidity might be relatively lower than most other investment options but in the long run, every investor has to consider real estate investment for the many benefits it offers.