Using leverage to buy real estate is the fastest way to build your portfolio. As Conrad Hilton’s mother once said, “If you want to launch big ships, you have to go where the water is deep.”There are 4 main benefits of building a Real Estate Portfolio.
The first is Cash Flow. In many of today’s transactions creating cash flow can be obtained by strong negotiating. It is currently becoming a buyer’s market and you will need an agent that will be dedicated to helping you obtain the property at the best price. Interest rates are still low and minimal closing costs can be obtained from the many lenders pushing their product lines.
The second benefit of building your real estate portfolio is Inflation. As you make improvements to your buildings, in today’s dollars, you will beat inflation. You will compound your money as you make improvements that last over years. The decrease in long-term expenses will help you make a larger profit in the long-run. Think long-term with real estate.
Tax breaks are the third benefit. Investing in real estate has always been heralded by Americans and you will be rewarded for it. There are numerous tax shelters that can be used. You will be able to take advantage of the many tax breaks with concerns such as capital gains, deductions, and everyone’s favorite – DEPRECIATION.
Lastly, we can’t forget Equity Build-up. Buying real estate is an investment that can have high reward over time. Obtaining financing and paying your mortgage on time every month is like an automatic investment program. You are paying down the principle every month while the market is going up over the long-term. It is a win-win scenario.Many of the overnight get rich quick schemes are a scam when it comes to real estate. You will do well by aligning yourself with a great team – Mortgage Officer, Real Estate Broker, Inspector, Attorney and Accountant – that will look out for your needs. If you buy a building at the best price (have your Real Estate agent create a Comparative Market Analysis for you) and are willing to put some sweat equity into it, you will create wealth for yourself over time.
Rob Rosa is the President of World Properties International – Rubicon Crossings. His organization is an emerging leader in real estate, mortgage, and property management services. Their mission is to help investors take the next step to financial freedom by providing education and resources concerning real estate financing and investing.
Buying real estate can be a rewarding experience with the right people on your side. We offer the FULL SERVICE experience investors need today to make their dreams a reality – from offering mortgage products in all 50 states and Puerto Rico to providing excellent real estate representation in CT.
Call Rob Rosa today at 860-558-2122 or email him at email@example.com (or firstname.lastname@example.org) to discuss your dreams, needs and wants for real estate and mortgages. Visit his team’s website at http://www.InvestwithRobRosa.com to learn more, view listings, and get FREE reports!