“Buy land, they are not making it anymore.” This is as real today as it was when Mark Twain said it 100 years ago. With rising zoning laws and limits on land use, building new homes or businesses is becoming harder than ever. Any purchased property makes the available market smaller. click to read more While we are still nowhere close to capacity, the value of existing assets is only increasing and will continue to increase over time.
Real estate investment can be a terrifying undertaking. It is, however one of the best investments on the market, if done carefully and with good advice. It is a finite product that can only grow in value. It offers a range of opportunities for tax advantages for the investor. And most notably, it is an investment that not only adds value, but also gives the owner a place to live or rent. The double value that real estate does can bring no other investment.
Almost always, saving is a smart idea. Well, that is what economists always say at least. For sure, I know that they told me that in all my economic classes. Let me explain that investing is almost always a good idea, but not everyone is interested in investing. If you are a student or have a trust fund that is going to fund your retirement, investing might not be for you. Investing is a good choice for earning money for those starting careers or for those not knowing how to finance their retirement. I don’t have an investment portfolio yet but I plan to start building one when I work a full-time salary job. An investment in real estate, and let me tell you why, is one of the things I intend to consider.