5 Benefits of Buying Investment Property
If you've considered buying a home at the Lake of the Ozarks for investment purposes, you know that this is one of the biggest decisions you could ever make. Purchasing rental property is a great investment, but can also feel very stressful and overwhelming. But it doesn't have to be! There are tons of advantages to investing in real estate. And don't worry about going into becoming a real estate investor alone. Team Andy Gibson is ready to help guide you in the right direction. Let's start by taking a look at 5 benefits of buying investment property:
1. Steady Income
The majority of people invest in real estate because it provides a steady cash flow in the form of rental income. This passive income is a huge incentive and can be a great starting point for building up a hefty retirement fund. And you do not have to stop at investing in one property at a time; you can pick up the pace and invest in multiple rental properties all at once to increase your positive cash flow and diversify your real estate investment portfolio. You can manage by hiring a professional property management professional if the workload becomes too much.
2. Long Term Financial Security
A fantastic benefit of investing in real estate is that it provides investors with long term financial security. When you have a steady flow of cash in succession, the rewards of this investment bring on financial rewards for a long time. Because your property’s value is most likely going to increase because land and buildings are appreciating assets, this can provide a sense of security for years to come. With that said, however, there is no guarantee the value will increase indefinitely. Like any investment, real estate investment does come with risks, too.
3. Diversification in Investments
You may already have money invested in the stock market. Owning rental property allows you to diversify your portfolio, which can serve as an added layer of protection against risk. It can also potentially help you take advantage of positive market swings.
4. Tax Benefits
One of the benefits of investing in real estate is the tax exemptions investors get from owning a rental property. This is a major reason why many choose to invest in real estate. For example, rental income is not subject to self-employment tax. In addition, the government offers tax breaks for property depreciation, insurance, maintenance repairs, travel expenses, legal fees, and property taxes. Real estate investors are also entitled to lower tax rates for their long term investments.
5. Flexibility to Sell
A great benefit of investing in rental property is that you can choose to hang on to it or let it go whenever you feel the need. And if the market's not strong enough to bare the price you'd like to get? Rather than selling your property for a loss, you can rent out your property until market conditions improve. Renting out your property gives you the flexibility of selling once you’re in a better position to make a profit off your property.
Now that you know some of the wonderful benefits of real estate investing, let Team Andy Gibson help you find that perfect rental property to get your portfolio started! Team Andy Gibson is excited about your decision to buy investment property at the Lake of the Ozarks, and we would love to discuss what we can do to help your real estate transaction go as smoothly as possible. For all of your real estate related questions, contact Team Andy Gibson, the most trusted real estate agents at the Lake of the Ozarks!
1. Steady Income
The majority of people invest in real estate because it provides a steady cash flow in the form of rental income. This passive income is a huge incentive and can be a great starting point for building up a hefty retirement fund. And you do not have to stop at investing in one property at a time; you can pick up the pace and invest in multiple rental properties all at once to increase your positive cash flow and diversify your real estate investment portfolio. You can manage by hiring a professional property management professional if the workload becomes too much.
2. Long Term Financial Security
A fantastic benefit of investing in real estate is that it provides investors with long term financial security. When you have a steady flow of cash in succession, the rewards of this investment bring on financial rewards for a long time. Because your property’s value is most likely going to increase because land and buildings are appreciating assets, this can provide a sense of security for years to come. With that said, however, there is no guarantee the value will increase indefinitely. Like any investment, real estate investment does come with risks, too.
3. Diversification in Investments
You may already have money invested in the stock market. Owning rental property allows you to diversify your portfolio, which can serve as an added layer of protection against risk. It can also potentially help you take advantage of positive market swings.
4. Tax Benefits
One of the benefits of investing in real estate is the tax exemptions investors get from owning a rental property. This is a major reason why many choose to invest in real estate. For example, rental income is not subject to self-employment tax. In addition, the government offers tax breaks for property depreciation, insurance, maintenance repairs, travel expenses, legal fees, and property taxes. Real estate investors are also entitled to lower tax rates for their long term investments.
5. Flexibility to Sell
A great benefit of investing in rental property is that you can choose to hang on to it or let it go whenever you feel the need. And if the market's not strong enough to bare the price you'd like to get? Rather than selling your property for a loss, you can rent out your property until market conditions improve. Renting out your property gives you the flexibility of selling once you’re in a better position to make a profit off your property.
Now that you know some of the wonderful benefits of real estate investing, let Team Andy Gibson help you find that perfect rental property to get your portfolio started! Team Andy Gibson is excited about your decision to buy investment property at the Lake of the Ozarks, and we would love to discuss what we can do to help your real estate transaction go as smoothly as possible. For all of your real estate related questions, contact Team Andy Gibson, the most trusted real estate agents at the Lake of the Ozarks!
Keller Williams Lake of the Ozarks Realty
858 Hwy 42
Osage Beach, MO 65065
573-286-5907 Cell
573-348-9898 Office
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