I think you'll agree with me that real estate investment deserves a closer look when I tell you that according to many sources 90% of the world's richest people made their fortunes from property!
So here are just five quick reasons why I think you should consider building yourself a real estate portfolio.
1) Freedom - By working to create a profitable business from your underlying property assets you can free yourself from the shackles of 9 - 5 employment where your creativity is zapped and your potential overlooked!
In this day and age those who can say that they love their job are the much envied few. For the rest of us the daily grind is simply necessary to keep a roof over our heads, feed and clothe our children and hopefully be able to afford to retire some day.
Does that sound like freedom to you?
I don't think so!
The creation of a profitable property portfolio will allow you the freedom to make your own business decisions, to work when you wish and to manage your family's finances more effectively.
2) Leverage - if you place a twenty thousand dollar lump sum into a bank you will earn interest on that figure alone - the interest rate will likely be poor and taxation and inflation will eat away at any gains you make.
Alternatively, by placing twenty thousand dollars into a property worth one hundred thousand dollars and using a bank's money in the form of a mortgage to leverage up, you make will make the average annual increase on the full value of the property not just on your twenty thousand dollar investment!
3) Profit Twice - with property you can profit once in the form of regular rental income earned and you can profit twice and big time from the average price gains your property will enjoy each year.
Even during a real estate market down turn when prices stagnate or readjust your property will hold at least the majority of its value before once again attracting positive capital growth when the property market cycle begins to turn to profit again.
4) Consistent Growth - over the last fifty years real estate has doubled in value every seven years. If you average that out that means that property has grown consistently by just over ten percent a year.
5) Passive Income - As your property portfolio grows so the amount of income you generate will increase. You will not be able to stop this growth once it starts because each year your properties will go up in value and regularly you'll be able to push up rental income!
While you retain ownership of your properties so you will retain ownership of all the income and all of the growth in underlying value - this is a passive income that you can take into retirement and hand on to your children and grandchildren when you're gone.
A Final Word - Making an investment into real estate is just like making any other form of investment. There are associated risks and past performance is not an indicator of future potential. Furthermore this article does not constitute personal direct advice.
Rhiannon Williamson is a freelance writer whose many articles about international property investing have appeared in publications around the world. Visit her site AmberLamb to read her latest articles.
Weight Loss Woes Weight loss is an issue that affects men and women alike. When you lose a few pounds, do you put it back on again?
Creating and Distributing E-Courses If you have an area of expertise and the desire to spread your knowledge, why not put together an E-course. They are easy to create and useful to promoting your...
Wireless... Are You Connected? Are you still connected when it comes to being wireless? Going wireless is a great way to become more effective in your business, as well as your life...
William Seward and the Alaska Purchase Aren't you glad you purchased Alaska? You got a bargain, you know. You purchased it for 2 cents per acre for all 586,000 acres of it.
Are You Losing Business? As a small business owner, you are grateful for all of your clients or customers. But did you know that small business lose over 62% of sales because they don'...
How To Grow A Zen Child When children are raised naturally, in accordance with Zen principles, their own intrinsic intelligence, joy, creativity and self confidence become strong. In o...
How To Deal With A Nightmare Boss It can happen to anyone. there's a change in the organization and -- suddenly -- you find yourself working for the boss from Hell. Arrogant, demanding, ignorant...
Researching Property for Real Estate Investing Much is being said lately about investments. There are many investments that one could make: stocks, notes, gold, retirement plans, etc. However, one of the saf...
The Quest for Passive Income Passive Income, residuals, royalties three ways to get paid multiple times for a one-time effort. You write a song in 1970 it gets covered by many artists. Each...
10 Ways to Advertise Your Business For Free! At some point many small business owners are left with no or a small amount of capital to promote their business. But many entrepreneurs utilize these free or ...
Lessons Learned At Gunpoint "If you do anything foolish or try to get out of the car we will shoot you" were the terse words which hung in the air like a bad smell. The small car was bein...
Types of Baby Showers There are different types of baby showers to cover just about any ocassion. Baby Showers have been traditionally for Ladies only. But in this day and age, you c...
Read this Article if You Want to Be Wealthy Wealth is something that most Americans want because it gives us options in life, allowing us to pursue our interests without being over burdened by the stresse...
Do You Get Attention With Your 30-Second Introduction? It's one of the most important marketing tools you can have in your toolbox. Are you prepared with a crisp, concise, and powerful statement to introduce yoursel...
10 Article Writing Quirks Much has been touted about the effectiveness of article writing
in the promotion of their business. While everyone raves about
its benefits I'll look into a few...
You Know Youre an Internet Marketer When... Did you make the switch from corporate slave to independent consultant? If so, you may be part of the subculture known as "The Internet Marketer's Club." Out he...
Traffics Nice... But Whos Driving? In the competitive marketplace of the new millennium, the demand for specialized products or services will increase. If your site sells everything or to everyon...
The First Resurrection They came to life and reigned with Christ a thousand years.(The rest of the dead did not come to life until the thousand years were ended.) This is the first re...
A Guide to Indexes and Futures Many people think that investing in the stock market means that you're going to either be buying stocks or bonds ....
Vouchers --- Parents, Dont Depend On Them Desperate parents who are fed up with public schools should not pin their hopes on vouchers. They are few and far between, and are being strangled by lawsuits a...
Print this page