Over the years more then any other industry, the real estate industry has proved to be the one of the most if not the most effective way for investors to reach their financial goals. In fact if you were to look at the billionaires of today you will find that the large majority got to where they are through, yes you guessed it, real estate!
So why is real estate investing such a great way to get ahead? Let’s have a look at just 3 of those reasons.
Gain more leverage
Real estate is one of a very few investment vehicles where getting access to the bank’s money is actually rather easy (provided you have a steady job and meet some rather basic criteria). The ability to make a down payment, leverage your capital, and in turn increase your overall return on investment is simply put, amazing.
It’s more accessible and easier to research than investing in the share or the stock market
Unlike investing in the stock market, investing in property is a lot of the time actually rather simple. At its most basic, you can simply jump online and start looking at properties, see the one you like and go ahead and buy. This is not to say there isn’t more to getting property investing right than just picking a property, but a significant amount of research and the process can be done online or by visiting different areas, open houses and auctions.
Its tangible and you have lots of control
One standout reason why so many investors are attracted to property is due to the fact its a tangable product, something we can see and feel with our own hands. This attribute in many ways mean investors have control. On owner can do a lot with a property they own. They can choose to simply lease it or they may choose to renvate, subdivide or in some cases develop. This felexibility give owners a multitude of options you simply dont get with an invesment like shares.